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¥948.5M and total debt of CN¥257.8M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are CN¥1.7B and CN¥743.9M respectively. Ningbo Runhe High-Tech Materials's EBIT is CN¥103.8M making its interest coverage ratio 23.7. It has cash and short-term investments of CN¥436.7M.
Key information
27.2%
Debt to equity ratio
CN¥257.78m
Debt
| Interest coverage ratio | 23.7x |
| Cash | CN¥436.69m |
| Equity | CN¥948.46m |
| Total liabilities | CN¥743.87m |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Recent updates
Pinning Down Ningbo Runhe High-Tech Materials Co., Ltd.'s (SZSE:300727) P/E Is Difficult Right Now
Sep 27
The Returns On Capital At Ningbo Runhe High-Tech Materials (SZSE:300727) Don't Inspire Confidence
Jul 17There 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¥1.1B) exceed its short term liabilities (CN¥468.8M).
Long Term Liabilities: 300727's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥275.0M).
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 27.2% over the past 5 years.
Debt Coverage: 300727's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 300727's interest payments on its debt are well covered by EBIT (23.7x coverage).