Shandong Jianbang New Material Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Jianbang New Material has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥123.3M respectively. Shandong Jianbang New Material's EBIT is CN¥184.9M making its interest coverage ratio -18.1. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -18.1x |
| Cash | CN¥1.10b |
| Equity | CN¥1.57b |
| Total liabilities | CN¥123.29m |
| Total assets | CN¥1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603285's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥110.2M).
Long Term Liabilities: 603285's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥13.0M).
Debt to Equity History and Analysis
Debt Level: 603285 is debt free.
Reducing Debt: 603285 had no debt 5 years ago.
Debt Coverage: 603285 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603285 has no debt, therefore coverage of interest payments is not a concern.