Nanjing Securities Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Securities has a total shareholder equity of CN¥17.8B and total debt of CN¥18.4B, which brings its debt-to-equity ratio to 103.8%. Its total assets and total liabilities are CN¥50.4B and CN¥32.7B respectively.
Key information
103.8%
Debt to equity ratio
CN¥18.43b
Debt
Interest coverage ratio | n/a |
Cash | CN¥18.62b |
Equity | CN¥17.75b |
Total liabilities | CN¥32.66b |
Total assets | CN¥50.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601990's short term assets (CN¥31.0B) exceed its short term liabilities (CN¥17.0B).
Long Term Liabilities: 601990's short term assets (CN¥31.0B) exceed its long term liabilities (CN¥15.7B).
Debt to Equity History and Analysis
Debt Level: 601990 has more cash than its total debt.
Reducing Debt: 601990's debt to equity ratio has increased from 87.7% to 103.8% 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.