Nanfang Zhongjin Environment Balance Sheet Health
Financial Health criteria checks 4/6
Nanfang Zhongjin Environment has a total shareholder equity of CN¥2.7B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 116.3%. Its total assets and total liabilities are CN¥8.2B and CN¥5.5B respectively. Nanfang Zhongjin Environment's EBIT is CN¥373.4M making its interest coverage ratio -154.6. It has cash and short-term investments of CN¥983.2M.
Key information
116.3%
Debt to equity ratio
CN¥3.09b
Debt
Interest coverage ratio | -154.6x |
Cash | CN¥983.17m |
Equity | CN¥2.65b |
Total liabilities | CN¥5.50b |
Total assets | CN¥8.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300145's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 300145's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 300145's net debt to equity ratio (79.3%) is considered high.
Reducing Debt: 300145's debt to equity ratio has increased from 58.4% to 116.3% over the past 5 years.
Debt Coverage: 300145's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 300145 earns more interest than it pays, so coverage of interest payments is not a concern.