Nanhua Futures Balance Sheet Health
Financial Health criteria checks 5/6
Nanhua Futures has a total shareholder equity of CN¥3.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CN¥36.2B and CN¥32.4B respectively.
Key information
28.8%
Debt to equity ratio
CN¥1.10b
Debt
Interest coverage ratio | n/a |
Cash | CN¥22.19b |
Equity | CN¥3.81b |
Total liabilities | CN¥32.40b |
Total assets | CN¥36.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603093's short term assets (CN¥35.6B) exceed its short term liabilities (CN¥31.6B).
Long Term Liabilities: 603093's short term assets (CN¥35.6B) exceed its long term liabilities (CN¥828.1M).
Debt to Equity History and Analysis
Debt Level: 603093 has more cash than its total debt.
Reducing Debt: 603093's debt to equity ratio has reduced from 48.7% to 28.8% over the past 5 years.
Debt Coverage: 603093's debt is well covered by operating cash flow (216.8%).
Interest Coverage: Insufficient data to determine if 603093's interest payments on its debt are well covered by EBIT.