Naipu Mining Machinery Balance Sheet Health
Financial Health criteria checks 4/6
Naipu Mining Machinery has a total shareholder equity of CN¥1.5B and total debt of CN¥479.4M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CN¥2.4B and CN¥892.2M respectively. Naipu Mining Machinery's EBIT is CN¥171.2M making its interest coverage ratio 14.5. It has cash and short-term investments of CN¥409.2M.
Key information
31.7%
Debt to equity ratio
CN¥479.38m
Debt
| Interest coverage ratio | 14.5x |
| Cash | CN¥409.17m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥892.19m |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Naipu Mining Machinery Co., Ltd.'s (SZSE:300818) 42% Share Price Surge
Oct 09
Take Care Before Diving Into The Deep End On Naipu Mining Machinery Co., Ltd. (SZSE:300818)
Jul 25There May Be Reason For Hope In Naipu Mining Machinery's (SZSE:300818) Disappointing Earnings
Apr 04Unpleasant Surprises Could Be In Store For Naipu Mining Machinery Co., Ltd.'s (SZSE:300818) Shares
Mar 29Financial Position Analysis
Short Term Liabilities: 300818's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥446.5M).
Long Term Liabilities: 300818's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥445.7M).
Debt to Equity History and Analysis
Debt Level: 300818's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 300818's debt to equity ratio has increased from 4.7% to 31.7% over the past 5 years.
Debt Coverage: 300818's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 300818's interest payments on its debt are well covered by EBIT (14.5x coverage).