Nanfang Zhongjin Environment Balance Sheet Health
Financial Health criteria checks 4/6
Nanfang Zhongjin Environment has a total shareholder equity of CN¥2.8B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are CN¥8.2B and CN¥5.4B respectively. Nanfang Zhongjin Environment's EBIT is CN¥225.8M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥990.7M.
Key information
98.3%
Debt to equity ratio
CN¥2.78b
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥990.65m |
| Equity | CN¥2.83b |
| Total liabilities | CN¥5.40b |
| Total assets | CN¥8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300145's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 300145's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥692.7M).
Debt to Equity History and Analysis
Debt Level: 300145's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: 300145's debt to equity ratio has increased from 60.3% to 98.3% over the past 5 years.
Debt Coverage: 300145's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 300145 earns more interest than it pays, so coverage of interest payments is not a concern.