Nanfang Black Sesame GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Nanfang Black Sesame GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥4.5B and CN¥1.8B respectively. Nanfang Black Sesame GroupLtd's EBIT is CN¥169.3M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥77.5M.
Key information
47.1%
Debt to equity ratio
CN¥1.26b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥77.47m |
| Equity | CN¥2.67b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥4.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000716's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000716's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥250.5M).
Debt to Equity History and Analysis
Debt Level: 000716's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 000716's debt to equity ratio has reduced from 59.8% to 47.1% over the past 5 years.
Debt Coverage: 000716's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 000716's interest payments on its debt are not well covered by EBIT (2.9x coverage).