Nantong Jianghai Capacitor Balance Sheet Health
Financial Health criteria checks 5/6
Nantong Jianghai Capacitor has a total shareholder equity of CN¥5.6B and total debt of CN¥326.2M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥7.3B and CN¥1.7B respectively. Nantong Jianghai Capacitor's EBIT is CN¥695.1M making its interest coverage ratio -238. It has cash and short-term investments of CN¥1.1B.
Key information
5.8%
Debt to equity ratio
CN¥326.18m
Debt
| Interest coverage ratio | -238x |
| Cash | CN¥1.09b |
| Equity | CN¥5.59b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥7.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002484's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002484's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥200.0M).
Debt to Equity History and Analysis
Debt Level: 002484 has more cash than its total debt.
Reducing Debt: 002484's debt to equity ratio has increased from 1.1% to 5.8% over the past 5 years.
Debt Coverage: 002484's debt is well covered by operating cash flow (170.1%).
Interest Coverage: 002484 earns more interest than it pays, so coverage of interest payments is not a concern.