Hubei Jianghan New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Jianghan New Materials has a total shareholder equity of CN¥4.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥358.4M respectively. Hubei Jianghan New Materials's EBIT is CN¥607.9M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥3.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥3.79b |
| Equity | CN¥4.67b |
| Total liabilities | CN¥358.42m |
| Total assets | CN¥5.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603281's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥312.5M).
Long Term Liabilities: 603281's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥45.9M).
Debt to Equity History and Analysis
Debt Level: 603281 is debt free.
Reducing Debt: 603281 had no debt 5 years ago.
Debt Coverage: 603281 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603281 has no debt, therefore coverage of interest payments is not a concern.