Nanjing Canatal Data-Centre Environmental Tech Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Canatal Data-Centre Environmental Tech has a total shareholder equity of CN¥1.9B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively.
Key information
52.9%
Debt to equity ratio
CN¥1.00b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.83b |
Equity | CN¥1.90b |
Total liabilities | CN¥1.43b |
Total assets | CN¥3.33b |
Recent financial health updates
No updates
Recent updates
Nanjing Canatal Data-Centre Environmental Tech Co., Ltd's (SHSE:603912) Business Is Trailing The Industry But Its Shares Aren't
Jul 25We Think That There Are More Issues For Nanjing Canatal Data-Centre Environmental Tech (SHSE:603912) Than Just Sluggish Earnings
Mar 28Nanjing Canatal Data-Centre Environmental Tech Co., Ltd's (SHSE:603912) 25% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 603912's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603912's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥307.5M).
Debt to Equity History and Analysis
Debt Level: 603912 has more cash than its total debt.
Reducing Debt: 603912's debt to equity ratio has increased from 9.6% to 52.9% over the past 5 years.
Debt Coverage: 603912's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if 603912's interest payments on its debt are well covered by EBIT.