Jiangxi Black Cat Carbon BlackLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangxi Black Cat Carbon BlackLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 90.4%. Its total assets and total liabilities are CN¥8.6B and CN¥5.4B respectively.
Key information
90.4%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥840.80m |
| Equity | CN¥3.17b |
| Total liabilities | CN¥5.39b |
| Total assets | CN¥8.57b |
Financial Position Analysis
Short Term Liabilities: 002068's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 002068's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002068's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: 002068's debt to equity ratio has increased from 61.8% to 90.4% over the past 5 years.
Debt Coverage: 002068's debt is well covered by operating cash flow (36.1%).
Interest Coverage: Insufficient data to determine if 002068's interest payments on its debt are well covered by EBIT.