Earth-Panda Advanced Magnetic MaterialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Earth-Panda Advanced Magnetic MaterialLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥886.7M, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are CN¥2.5B and CN¥1.4B respectively.
Key information
82.1%
Debt to equity ratio
CN¥886.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥411.72m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥2.48b |
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¥378.7M).
Debt to Equity History and Analysis
Debt Level: 688077's net debt to equity ratio (44%) is considered high.
Reducing Debt: 688077's debt to equity ratio has increased from 22.3% to 82.1% over the past 5 years.
Debt Coverage: 688077's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: Insufficient data to determine if 688077's interest payments on its debt are well covered by EBIT.