Jiangsu Canlon Building Materials Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Canlon Building Materials has a total shareholder equity of CN¥2.3B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 120.6%. Its total assets and total liabilities are CN¥6.2B and CN¥3.9B respectively.
Key information
120.6%
Debt to equity ratio
CN¥2.77b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.19b |
| Equity | CN¥2.29b |
| Total liabilities | CN¥3.90b |
| Total assets | CN¥6.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300715's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300715's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥989.1M).
Debt to Equity History and Analysis
Debt Level: 300715's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 300715's debt to equity ratio has increased from 102.9% to 120.6% over the past 5 years.
Debt Coverage: 300715's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300715's interest payments on its debt are well covered by EBIT.