Ningbo Haitian Precision MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Haitian Precision MachineryLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.5B and CN¥2.1B respectively. Ningbo Haitian Precision MachineryLtd's EBIT is CN¥577.1M making its interest coverage ratio -20.8. It has cash and short-term investments of CN¥900.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -20.8x |
| Cash | CN¥900.61m |
| Equity | CN¥2.45b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥4.54b |
Recent financial health updates
No updates
Recent updates
Ningbo Haitian Precision MachineryLtd's (SHSE:601882) Promising Earnings May Rest On Soft Foundations
Apr 01
Earnings Report: Ningbo Haitian Precision Machinery Co.,Ltd. Missed Revenue Estimates By 8.8%
Mar 29Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Feb 29The Trend Of High Returns At Ningbo Haitian Precision MachineryLtd (SHSE:601882) Has Us Very Interested
Feb 28Financial Position Analysis
Short Term Liabilities: 601882's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 601882's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥147.7M).
Debt to Equity History and Analysis
Debt Level: 601882 is debt free.
Reducing Debt: 601882 had no debt 5 years ago.
Debt Coverage: 601882 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601882 has no debt, therefore coverage of interest payments is not a concern.