Shenzhen Noposion Crop Science Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Noposion Crop Science has a total shareholder equity of CN¥4.7B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are CN¥11.5B and CN¥6.8B respectively. Shenzhen Noposion Crop Science's EBIT is CN¥504.9M making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥1.5B.
Key information
84.3%
Debt to equity ratio
CN¥3.95b
Debt
Interest coverage ratio | 12.6x |
Cash | CN¥1.48b |
Equity | CN¥4.68b |
Total liabilities | CN¥6.77b |
Total assets | CN¥11.46b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Shenzhen Noposion Crop Science (SZSE:002215) Is Using Debt Extensively
Aug 20With EPS Growth And More, Shenzhen Noposion Crop Science (SZSE:002215) Makes An Interesting Case
Jul 19Estimating The Intrinsic Value Of Shenzhen Noposion Crop Science Co., Ltd. (SZSE:002215)
Apr 02Investors Still Aren't Entirely Convinced By Shenzhen Noposion Crop Science Co., Ltd.'s (SZSE:002215) Earnings Despite 26% Price Jump
Mar 04Shenzhen Noposion Crop Science (SZSE:002215) Might Be Having Difficulty Using Its Capital Effectively
Feb 27Financial Position Analysis
Short Term Liabilities: 002215's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥5.5B).
Long Term Liabilities: 002215's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002215's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 002215's debt to equity ratio has increased from 27.8% to 84.3% over the past 5 years.
Debt Coverage: 002215's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 002215's interest payments on its debt are well covered by EBIT (12.6x coverage).