Jiangsu NanFang PrecisionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu NanFang PrecisionLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥14.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.4B and CN¥199.8M respectively. Jiangsu NanFang PrecisionLtd's EBIT is CN¥94.4M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥407.0M.
Key information
1.2%
Debt to equity ratio
CN¥14.12m
Debt
Interest coverage ratio | -10.7x |
Cash | CN¥406.96m |
Equity | CN¥1.19b |
Total liabilities | CN¥199.83m |
Total assets | CN¥1.39b |
Recent financial health updates
No updates
Recent updates
Jiangsu NanFang PrecisionLtd (SZSE:002553) Is Due To Pay A Dividend Of CN¥0.10
May 22The Strong Earnings Posted By Jiangsu NanFang PrecisionLtd (SZSE:002553) Are A Good Indication Of The Strength Of The Business
May 07Jiangsu NanFang Precision Co.,Ltd.'s (SZSE:002553) Share Price Could Signal Some Risk
Feb 29Financial Position Analysis
Short Term Liabilities: 002553's short term assets (CN¥778.2M) exceed its short term liabilities (CN¥171.0M).
Long Term Liabilities: 002553's short term assets (CN¥778.2M) exceed its long term liabilities (CN¥28.9M).
Debt to Equity History and Analysis
Debt Level: 002553 has more cash than its total debt.
Reducing Debt: 002553's debt to equity ratio has reduced from 4.1% to 1.2% over the past 5 years.
Debt Coverage: 002553's debt is well covered by operating cash flow (672.7%).
Interest Coverage: 002553 earns more interest than it pays, so coverage of interest payments is not a concern.