Jiangsu Cnano Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Cnano Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥5.1B and CN¥2.2B respectively. Jiangsu Cnano Technology's EBIT is CN¥298.6M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.2B.
Key information
47.2%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.16b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥5.06b |
Recent financial health updates
Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Jun 28
Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Feb 28Recent updates
Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Stock Rockets 36% But Many Are Still Ignoring The Company
Oct 18Jiangsu Cnano Technology (SHSE:688116) Might Be Having Difficulty Using Its Capital Effectively
Sep 24Fewer Investors Than Expected Jumping On Jiangsu Cnano Technology Co., Ltd. (SHSE:688116)
Sep 01News Flash: 4 Analysts Think Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Earnings Are Under Threat
Aug 13Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Jun 28Jiangsu Cnano Technology (SHSE:688116) Will Want To Turn Around Its Return Trends
Jun 10Jiangsu Cnano Technology's (SHSE:688116) Anemic Earnings Might Be Worse Than You Think
May 03Jiangsu Cnano Technology Co., Ltd.'s (SHSE:688116) Shares Leap 25% Yet They're Still Not Telling The Full Story
Apr 29Is Now The Time To Look At Buying Jiangsu Cnano Technology Co., Ltd. (SHSE:688116)?
Apr 16Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 04Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 688116's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥936.3M).
Long Term Liabilities: 688116's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 688116's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 688116's debt to equity ratio has increased from 4.6% to 47.2% over the past 5 years.
Debt Coverage: 688116's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 688116 earns more interest than it pays, so coverage of interest payments is not a concern.