Jiangsu Boqian New Materials Stock Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Boqian New Materials Stock has a total shareholder equity of CN¥1.5B and total debt of CN¥3.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.8B and CN¥275.2M respectively. Jiangsu Boqian New Materials Stock's EBIT is CN¥30.4M making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥43.1M.
Key information
0.2%
Debt to equity ratio
CN¥3.52m
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥43.13m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥275.16m |
| Total assets | CN¥1.81b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Jiangsu Boqian New Materials Stock Co., Ltd. (SHSE:605376)
Oct 23
After Leaping 34% Jiangsu Boqian New Materials Stock Co., Ltd. (SHSE:605376) Shares Are Not Flying Under The Radar
Oct 02Here's Why Jiangsu Boqian New Materials Stock (SHSE:605376) Can Afford Some Debt
Jun 05Why Investors Shouldn't Be Surprised By Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) 25% Share Price Surge
Apr 30Investors Interested In Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) Revenues
Feb 27Financial Position Analysis
Short Term Liabilities: 605376's short term assets (CN¥688.8M) exceed its short term liabilities (CN¥210.9M).
Long Term Liabilities: 605376's short term assets (CN¥688.8M) exceed its long term liabilities (CN¥64.3M).
Debt to Equity History and Analysis
Debt Level: 605376 has more cash than its total debt.
Reducing Debt: 605376's debt to equity ratio has reduced from 10.9% to 0.2% over the past 5 years.
Debt Coverage: 605376's debt is well covered by operating cash flow (8973.5%).
Interest Coverage: 605376's interest payments on its debt are well covered by EBIT (12.6x coverage).