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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 05:42 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nanjing Canatal Data-Centre Environmental Tech Co., Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hongwei Huang | Chasing Securities |
| Yi Hong Wang | Tianfeng Securities Brokerage Co., Ltd |