Nanchang Mineral Systems Balance Sheet Health
Financial Health criteria checks 5/6
Nanchang Mineral Systems has a total shareholder equity of CN¥1.4B and total debt of CN¥72.4M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥2.1B and CN¥662.5M respectively. Nanchang Mineral Systems's EBIT is CN¥64.0M making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥542.6M.
Key information
5.1%
Debt to equity ratio
CN¥72.44m
Debt
| Interest coverage ratio | -6.3x |
| Cash | CN¥542.56m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥662.50m |
| Total assets | CN¥2.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001360's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥643.9M).
Long Term Liabilities: 001360's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥18.6M).
Debt to Equity History and Analysis
Debt Level: 001360 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 001360's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001360's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 001360 earns more interest than it pays, so coverage of interest payments is not a concern.