Kunming Chuan Jin Nuo Chemical Balance Sheet Health
Financial Health criteria checks 3/6
Kunming Chuan Jin Nuo Chemical has a total shareholder equity of CN¥2.5B and total debt of CN¥686.4M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively.
Key information
27.8%
Debt to equity ratio
CN¥686.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥667.64m |
| Equity | CN¥2.47b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300505's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥814.7M).
Long Term Liabilities: 300505's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥219.3M).
Debt to Equity History and Analysis
Debt Level: 300505's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 300505's debt to equity ratio has increased from 21.4% to 27.8% over the past 5 years.
Debt Coverage: 300505's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if 300505's interest payments on its debt are well covered by EBIT.