Shanghai Hongda New Material Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Hongda New Material has a total shareholder equity of CN¥77.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥308.9M and CN¥231.7M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥168.43m |
| Equity | CN¥77.19m |
| Total liabilities | CN¥231.68m |
| Total assets | CN¥308.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002211's short term assets (CN¥213.0M) do not cover its short term liabilities (CN¥223.6M).
Long Term Liabilities: 002211's short term assets (CN¥213.0M) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 002211 is debt free.
Reducing Debt: 002211 had no debt 5 years ago.
Debt Coverage: 002211 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002211 has no debt, therefore coverage of interest payments is not a concern.