Jiangsu Huaxin New MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Huaxin New MaterialLtd has a total shareholder equity of CN¥687.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥801.1M and CN¥113.5M respectively. Jiangsu Huaxin New MaterialLtd's EBIT is CN¥47.5M making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥172.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.9x |
| Cash | CN¥172.89m |
| Equity | CN¥687.63m |
| Total liabilities | CN¥113.49m |
| Total assets | CN¥801.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300717's short term assets (CN¥382.2M) exceed its short term liabilities (CN¥93.1M).
Long Term Liabilities: 300717's short term assets (CN¥382.2M) exceed its long term liabilities (CN¥20.4M).
Debt to Equity History and Analysis
Debt Level: 300717 is debt free.
Reducing Debt: 300717 had no debt 5 years ago.
Debt Coverage: 300717 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300717 has no debt, therefore coverage of interest payments is not a concern.