Nanhua Futures Balance Sheet Health
Financial Health criteria checks 5/6
Nanhua Futures has a total shareholder equity of CN¥4.0B and total debt of CN¥952.4M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥45.6B and CN¥41.7B respectively.
Key information
23.9%
Debt to equity ratio
CN¥952.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥30.67b |
| Equity | CN¥3.98b |
| Total liabilities | CN¥41.66b |
| Total assets | CN¥45.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603093's short term assets (CN¥45.1B) exceed its short term liabilities (CN¥40.8B).
Long Term Liabilities: 603093's short term assets (CN¥45.1B) exceed its long term liabilities (CN¥856.0M).
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 45.2% to 23.9% over the past 5 years.
Debt Coverage: 603093's debt is well covered by operating cash flow (836.6%).
Interest Coverage: Insufficient data to determine if 603093's interest payments on its debt are well covered by EBIT.