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 |
Recent financial health updates
Recent updates
Here's Why Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Can Afford Some Debt
Jul 31Is There An Opportunity With Jiangxi Black Cat Carbon Black Inc.,Ltd's (SZSE:002068) 43% Undervaluation?
Apr 21Jiangxi Black Cat Carbon Black Inc.,Ltd (SZSE:002068) Shares Fly 29% But Investors Aren't Buying For Growth
Mar 04Financial 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.