Nanjing Quanxin Cable Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Quanxin Cable Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥49.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥2.7B and CN¥653.5M respectively. Nanjing Quanxin Cable Technology's EBIT is CN¥80.2M making its interest coverage ratio 237.3. It has cash and short-term investments of CN¥132.6M.
Key information
2.4%
Debt to equity ratio
CN¥49.17m
Debt
| Interest coverage ratio | 237.3x |
| Cash | CN¥132.61m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥653.47m |
| Total assets | CN¥2.68b |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Nanjing Quanxin Cable Technology (SZSE:300447)
Nov 18
Nanjing Quanxin Cable Technology Co., Ltd.'s (SZSE:300447) Shares Climb 48% But Its Business Is Yet to Catch Up
Oct 08These 4 Measures Indicate That Nanjing Quanxin Cable Technology (SZSE:300447) Is Using Debt Reasonably Well
Sep 30The Returns On Capital At Nanjing Quanxin Cable Technology (SZSE:300447) Don't Inspire Confidence
Jul 25Some Confidence Is Lacking In Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) As Shares Slide 25%
Jul 05Estimating The Intrinsic Value Of Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447)
Jun 21Earnings Not Telling The Story For Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) After Shares Rise 26%
May 12Nanjing Quanxin Cable Technology's (SZSE:300447) Anemic Earnings Might Be Worse Than You Think
May 02Improved Earnings Required Before Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) Stock's 39% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 300447's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥633.5M).
Long Term Liabilities: 300447's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥20.0M).
Debt to Equity History and Analysis
Debt Level: 300447 has more cash than its total debt.
Reducing Debt: 300447's debt to equity ratio has reduced from 8.1% to 2.4% over the past 5 years.
Debt Coverage: 300447's debt is well covered by operating cash flow (171.3%).
Interest Coverage: 300447's interest payments on its debt are well covered by EBIT (237.3x coverage).