Nuode New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nuode New MaterialsLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥5.7B, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are CN¥15.0B and CN¥7.5B respectively.
Key information
75.6%
Debt to equity ratio
CN¥5.66b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.88b |
| Equity | CN¥7.49b |
| Total liabilities | CN¥7.52b |
| Total assets | CN¥15.02b |
Recent financial health updates
No updates
Recent updates
Nuode New MaterialsLtd's (SHSE:600110) Weak Earnings Might Be Worse Than They Appear
Apr 17
Nuode New Materials Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 14Subdued Growth No Barrier To Nuode New Materials Co.,Ltd. (SHSE:600110) With Shares Advancing 26%
Mar 07Financial Position Analysis
Short Term Liabilities: 600110's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 600110's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600110's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 600110's debt to equity ratio has reduced from 151.6% to 75.6% over the past 5 years.
Debt Coverage: 600110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600110's interest payments on its debt are well covered by EBIT.