Ningbo Runhe High-Tech Materials Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Runhe High-Tech Materials has a total shareholder equity of CN¥917.6M and total debt of CN¥252.4M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are CN¥1.5B and CN¥623.7M respectively. Ningbo Runhe High-Tech Materials's EBIT is CN¥92.8M making its interest coverage ratio 13.8. It has cash and short-term investments of CN¥354.3M.
Key information
27.5%
Debt to equity ratio
CN¥252.41m
Debt
Interest coverage ratio | 13.8x |
Cash | CN¥354.29m |
Equity | CN¥917.58m |
Total liabilities | CN¥623.75m |
Total assets | CN¥1.54b |
Recent financial health updates
No updates
Recent updates
There May Be Underlying Issues With The Quality Of Ningbo Runhe High-Tech Materials' (SZSE:300727) Earnings
Apr 30Ningbo Runhe High-Tech Materials Co., Ltd.'s (SZSE:300727) 27% Share Price Plunge Could Signal Some Risk
Apr 22Capital Allocation Trends At Ningbo Runhe High-Tech Materials (SZSE:300727) Aren't Ideal
Mar 27Ningbo Runhe High-Tech Materials Co., Ltd.'s (SZSE:300727) 28% Price Boost Is Out Of Tune With Earnings
Mar 06A Look At The Intrinsic Value Of Ningbo Runhe High-Tech Materials Co., Ltd. (SZSE:300727)
Feb 27Financial Position Analysis
Short Term Liabilities: 300727's short term assets (CN¥996.7M) exceed its short term liabilities (CN¥353.4M).
Long Term Liabilities: 300727's short term assets (CN¥996.7M) exceed its long term liabilities (CN¥270.4M).
Debt to Equity History and Analysis
Debt Level: 300727 has more cash than its total debt.
Reducing Debt: 300727's debt to equity ratio has increased from 0% to 27.5% over the past 5 years.
Debt Coverage: 300727's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 300727's interest payments on its debt are well covered by EBIT (13.8x coverage).