Jiangsu Canlon Building Materials Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Canlon Building Materials has a total shareholder equity of CN¥2.4B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 108.3%. Its total assets and total liabilities are CN¥6.2B and CN¥3.8B respectively.
Key information
108.3%
Debt to equity ratio
CN¥2.60b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.33b |
| Equity | CN¥2.40b |
| Total liabilities | CN¥3.82b |
| Total assets | CN¥6.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300715's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 300715's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300715's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: 300715's debt to equity ratio has increased from 94.5% to 108.3% 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.