Nanjing Inform Storage Equipment (Group) Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Inform Storage Equipment (Group) has a total shareholder equity of CN¥1.5B and total debt of CN¥222.5M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥3.0B and CN¥1.6B respectively. Nanjing Inform Storage Equipment (Group)'s EBIT is CN¥168.4M making its interest coverage ratio 28.6. It has cash and short-term investments of CN¥381.7M.
Key information
15.3%
Debt to equity ratio
CN¥222.53m
Debt
| Interest coverage ratio | 28.6x |
| Cash | CN¥381.75m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥3.05b |
Recent financial health updates
No updates
Recent updates
Nanjing Inform Storage Equipment (Group) Co., Ltd.'s (SHSE:603066) Earnings Are Not Doing Enough For Some Investors
Sep 30
Nanjing Inform Storage Equipment (Group) (SHSE:603066) Will Pay A Larger Dividend Than Last Year At CN¥0.145
Jul 12Nanjing Inform Storage Equipment (Group)'s (SHSE:603066) Soft Earnings Are Actually Better Than They Appear
May 06Returns At Nanjing Inform Storage Equipment (Group) (SHSE:603066) Appear To Be Weighed Down
Apr 23Nanjing Inform Storage Equipment (Group) Co., Ltd. (SHSE:603066) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 603066's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603066's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥215.2M).
Debt to Equity History and Analysis
Debt Level: 603066 has more cash than its total debt.
Reducing Debt: 603066's debt to equity ratio has increased from 0% to 15.3% over the past 5 years.
Debt Coverage: 603066's debt is well covered by operating cash flow (86%).
Interest Coverage: 603066's interest payments on its debt are well covered by EBIT (28.6x coverage).