Shenzhen Cotran New MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Cotran New MaterialLtd has a total shareholder equity of CN¥645.8M and total debt of CN¥161.0M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥1.0B and CN¥365.5M respectively. Shenzhen Cotran New MaterialLtd's EBIT is CN¥24.4M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥175.8M.
Key information
24.9%
Debt to equity ratio
CN¥161.04m
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥175.82m |
| Equity | CN¥645.83m |
| Total liabilities | CN¥365.50m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300731's short term assets (CN¥547.2M) exceed its short term liabilities (CN¥286.6M).
Long Term Liabilities: 300731's short term assets (CN¥547.2M) exceed its long term liabilities (CN¥78.9M).
Debt to Equity History and Analysis
Debt Level: 300731 has more cash than its total debt.
Reducing Debt: 300731's debt to equity ratio has increased from 8% to 24.9% over the past 5 years.
Debt Coverage: 300731's debt is well covered by operating cash flow (37.7%).
Interest Coverage: 300731 earns more interest than it pays, so coverage of interest payments is not a concern.