Jiangsu Sidike New Materials Science & Technology Balance Sheet Health
Financial Health criteria checks 0/6
Jiangsu Sidike New Materials Science & Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 167.8%. Its total assets and total liabilities are CN¥7.3B and CN¥5.1B respectively. Jiangsu Sidike New Materials Science & Technology's EBIT is CN¥77.3M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥269.8M.
Key information
167.8%
Debt to equity ratio
CN¥3.68b
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥269.78m |
| Equity | CN¥2.19b |
| Total liabilities | CN¥5.10b |
| Total assets | CN¥7.29b |
Recent financial health updates
Recent updates
Jiangsu Sidike New Materials Science & Technology's (SZSE:300806) Earnings Quality Is Low
Apr 30
What Is Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) Share Price Doing?
Apr 17Is Jiangsu Sidike New Materials Science & Technology (SZSE:300806) A Risky Investment?
Mar 27Market Participants Recognise Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) Earnings Pushing Shares 34% Higher
Mar 06Financial Position Analysis
Short Term Liabilities: 300806's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 300806's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 300806's net debt to equity ratio (155.5%) is considered high.
Reducing Debt: 300806's debt to equity ratio has increased from 86.4% to 167.8% over the past 5 years.
Debt Coverage: 300806's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 300806's interest payments on its debt are not well covered by EBIT (0.9x coverage).