Nanjing Securities Balance Sheet Health
Financial Health criteria checks 2/6
Nanjing Securities has a total shareholder equity of CN¥17.3B and total debt of CN¥25.9B, which brings its debt-to-equity ratio to 149.6%. Its total assets and total liabilities are CN¥55.3B and CN¥38.0B respectively.
Key information
149.6%
Debt to equity ratio
CN¥25.85b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥17.89b |
| Equity | CN¥17.28b |
| Total liabilities | CN¥38.03b |
| Total assets | CN¥55.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601990's short term assets (CN¥30.0B) exceed its short term liabilities (CN¥22.0B).
Long Term Liabilities: 601990's short term assets (CN¥30.0B) exceed its long term liabilities (CN¥16.0B).
Debt to Equity History and Analysis
Debt Level: 601990's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: 601990's debt to equity ratio has increased from 55.2% to 149.6% over the past 5 years.
Debt Coverage: 601990's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601990's interest payments on its debt are well covered by EBIT.