Nantong Haixing Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Nantong Haixing Electronics has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥377.0M respectively. Nantong Haixing Electronics's EBIT is CN¥123.0M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥737.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -7.5x |
Cash | CN¥737.42m |
Equity | CN¥2.00b |
Total liabilities | CN¥377.03m |
Total assets | CN¥2.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603115's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥328.6M).
Long Term Liabilities: 603115's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥48.4M).
Debt to Equity History and Analysis
Debt Level: 603115 is debt free.
Reducing Debt: 603115 has no debt compared to 5 years ago when its debt to equity ratio was 7.2%.
Debt Coverage: 603115 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603115 has no debt, therefore coverage of interest payments is not a concern.