Earth-Panda Advanced Magnetic MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Earth-Panda Advanced Magnetic MaterialLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥838.9M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are CN¥2.4B and CN¥1.3B respectively.
Key information
74.8%
Debt to equity ratio
CN¥838.91m
Debt
Interest coverage ratio | n/a |
Cash | CN¥415.58m |
Equity | CN¥1.12b |
Total liabilities | CN¥1.32b |
Total assets | CN¥2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688077's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688077's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥290.5M).
Debt to Equity History and Analysis
Debt Level: 688077's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 688077's debt to equity ratio has increased from 23.8% to 74.8% over the past 5 years.
Debt Coverage: 688077's debt is well covered by operating cash flow (21.4%).
Interest Coverage: Insufficient data to determine if 688077's interest payments on its debt are well covered by EBIT.