Nanjing Hanrui CobaltLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Hanrui CobaltLtd has a total shareholder equity of CN¥5.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are CN¥8.2B and CN¥2.9B respectively. Nanjing Hanrui CobaltLtd's EBIT is CN¥305.8M making its interest coverage ratio -56.7. It has cash and short-term investments of CN¥1.8B.
Key information
30.6%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | -56.7x |
| Cash | CN¥1.80b |
| Equity | CN¥5.32b |
| Total liabilities | CN¥2.87b |
| Total assets | CN¥8.19b |
Recent financial health updates
Recent updates
Does Nanjing Hanrui CobaltLtd (SZSE:300618) Have A Healthy Balance Sheet?
Jul 23
Nanjing Hanrui CobaltLtd's (SZSE:300618) Dividend Will Be Reduced To CN¥0.10
Jun 09The Strong Earnings Posted By Nanjing Hanrui CobaltLtd (SZSE:300618) Are A Good Indication Of The Strength Of The Business
May 01Investors Appear Satisfied With Nanjing Hanrui Cobalt Co.,Ltd.'s (SZSE:300618) Prospects As Shares Rocket 41%
Apr 04Investors Could Be Concerned With Nanjing Hanrui CobaltLtd's (SZSE:300618) Returns On Capital
Mar 15Financial Position Analysis
Short Term Liabilities: 300618's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 300618's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥540.5M).
Debt to Equity History and Analysis
Debt Level: 300618 has more cash than its total debt.
Reducing Debt: 300618's debt to equity ratio has reduced from 32.5% to 30.6% over the past 5 years.
Debt Coverage: 300618's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 300618 earns more interest than it pays, so coverage of interest payments is not a concern.