HangZhou Nbond Nonwovens Balance Sheet Health
Financial Health criteria checks 5/6
HangZhou Nbond Nonwovens has a total shareholder equity of CN¥1.6B and total debt of CN¥98.7M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.0B respectively. HangZhou Nbond Nonwovens's EBIT is CN¥100.0M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥375.1M.
Key information
6.1%
Debt to equity ratio
CN¥98.73m
Debt
| Interest coverage ratio | -7.6x |
| Cash | CN¥375.06m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥2.66b |
Recent financial health updates
No updates
Recent updates
HangZhou Nbond Nonwovens' (SHSE:603238) Solid Earnings Are Supported By Other Strong Factors
Apr 30
HangZhou Nbond Nonwovens (SHSE:603238) Might Be Having Difficulty Using Its Capital Effectively
Apr 17HangZhou Nbond Nonwovens Co., Ltd.'s (SHSE:603238) 29% Price Boost Is Out Of Tune With Earnings
Mar 13Financial Position Analysis
Short Term Liabilities: 603238's short term assets (CN¥982.4M) exceed its short term liabilities (CN¥977.1M).
Long Term Liabilities: 603238's short term assets (CN¥982.4M) exceed its long term liabilities (CN¥53.7M).
Debt to Equity History and Analysis
Debt Level: 603238 has more cash than its total debt.
Reducing Debt: 603238's debt to equity ratio has increased from 5.6% to 6.1% over the past 5 years.
Debt Coverage: 603238's debt is well covered by operating cash flow (280.6%).
Interest Coverage: 603238 earns more interest than it pays, so coverage of interest payments is not a concern.