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¥20.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥1.4B and CN¥206.8M respectively. Jiangsu NanFang PrecisionLtd's EBIT is CN¥94.0M making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥391.1M.
Key information
1.7%
Debt to equity ratio
CN¥20.02m
Debt
| Interest coverage ratio | -10.4x |
| Cash | CN¥391.06m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥206.81m |
| Total assets | CN¥1.37b |
Recent financial health updates
No updates
Recent updates
Jiangsu NanFang PrecisionLtd (SZSE:002553) Is Due To Pay A Dividend Of CN¥0.10
May 22
The 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¥783.8M) exceed its short term liabilities (CN¥182.5M).
Long Term Liabilities: 002553's short term assets (CN¥783.8M) exceed its long term liabilities (CN¥24.3M).
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 8.8% to 1.7% over the past 5 years.
Debt Coverage: 002553's debt is well covered by operating cash flow (381.2%).
Interest Coverage: 002553 earns more interest than it pays, so coverage of interest payments is not a concern.