Jiangsu Baichuan High-Tech New Materials Balance Sheet Health
Financial Health criteria checks 1/6
Jiangsu Baichuan High-Tech New Materials has a total shareholder equity of CN¥2.9B and total debt of CN¥6.1B, which brings its debt-to-equity ratio to 210.1%. Its total assets and total liabilities are CN¥11.7B and CN¥8.8B respectively. Jiangsu Baichuan High-Tech New Materials's EBIT is CN¥971.2K making its interest coverage ratio 0. It has cash and short-term investments of CN¥1.1B.
Key information
210.1%
Debt to equity ratio
CN¥6.07b
Debt
| Interest coverage ratio | 0.01x |
| Cash | CN¥1.12b |
| Equity | CN¥2.89b |
| Total liabilities | CN¥8.83b |
| Total assets | CN¥11.72b |
Recent financial health updates
No updates
Recent updates
Further Upside For Jiangsu Baichuan High-Tech New Materials Co., Ltd (SZSE:002455) Shares Could Introduce Price Risks After 43% Bounce
Apr 22
Jiangsu Baichuan High-Tech New Materials Co., Ltd's (SZSE:002455) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 07Investors Could Be Concerned With Jiangsu Baichuan High-Tech New Materials' (SZSE:002455) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 002455's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥5.5B).
Long Term Liabilities: 002455's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 002455's net debt to equity ratio (171.4%) is considered high.
Reducing Debt: 002455's debt to equity ratio has increased from 51.7% to 210.1% over the past 5 years.
Debt Coverage: 002455's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 002455's interest payments on its debt are not well covered by EBIT (0x coverage).