Jiangsu Chinagreen Biological TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Chinagreen Biological TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥234.2M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥2.1B and CN¥551.0M respectively.
Key information
14.9%
Debt to equity ratio
CN¥234.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥409.95m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥551.03m |
| Total assets | CN¥2.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300970's short term assets (CN¥627.9M) exceed its short term liabilities (CN¥233.8M).
Long Term Liabilities: 300970's short term assets (CN¥627.9M) exceed its long term liabilities (CN¥317.3M).
Debt to Equity History and Analysis
Debt Level: 300970 has more cash than its total debt.
Reducing Debt: 300970's debt to equity ratio has reduced from 20.9% to 14.9% over the past 5 years.
Debt Coverage: 300970's debt is well covered by operating cash flow (25.8%).
Interest Coverage: Insufficient data to determine if 300970's interest payments on its debt are well covered by EBIT.