Nanjing Canatal Data-Centre Environmental Tech Balance Sheet Health
Financial Health criteria checks 4/6
Nanjing Canatal Data-Centre Environmental Tech has a total shareholder equity of CN¥1.9B and total debt of CN¥993.7M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥3.4B and CN¥1.5B respectively. Nanjing Canatal Data-Centre Environmental Tech's EBIT is CN¥4.4M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.7B.
Key information
53.4%
Debt to equity ratio
CN¥993.74m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥1.74b |
| Equity | CN¥1.86b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603912's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603912's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥307.8M).
Debt to Equity History and Analysis
Debt Level: 603912 has more cash than its total debt.
Reducing Debt: 603912's debt to equity ratio has increased from 6.5% to 53.4% over the past 5 years.
Debt Coverage: 603912's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603912 earns more interest than it pays, so coverage of interest payments is not a concern.