Nantong JiangTian Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Nantong JiangTian Chemical has a total shareholder equity of CN¥699.8M and total debt of CN¥165.1M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥1.2B and CN¥485.1M respectively. Nantong JiangTian Chemical's EBIT is CN¥70.8M making its interest coverage ratio -26.8. It has cash and short-term investments of CN¥447.5M.
Key information
23.6%
Debt to equity ratio
CN¥165.14m
Debt
| Interest coverage ratio | -26.8x |
| Cash | CN¥447.46m |
| Equity | CN¥699.77m |
| Total liabilities | CN¥485.09m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Nantong JiangTian Chemical (SZSE:300927) Will Pay A Larger Dividend Than Last Year At CN¥0.145
Jun 17
Nantong JiangTian Chemical (SZSE:300927) Is Reinvesting At Lower Rates Of Return
May 31Why Nantong JiangTian Chemical's (SZSE:300927) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 25There's No Escaping Nantong JiangTian Chemical Co., Ltd.'s (SZSE:300927) Muted Earnings Despite A 34% Share Price Rise
Mar 09Nantong JiangTian Chemical's (SZSE:300927) Returns On Capital Not Reflecting Well On The Business
Feb 26Financial Position Analysis
Short Term Liabilities: 300927's short term assets (CN¥626.6M) exceed its short term liabilities (CN¥189.0M).
Long Term Liabilities: 300927's short term assets (CN¥626.6M) exceed its long term liabilities (CN¥296.1M).
Debt to Equity History and Analysis
Debt Level: 300927 has more cash than its total debt.
Reducing Debt: 300927's debt to equity ratio has reduced from 33% to 23.6% over the past 5 years.
Debt Coverage: 300927's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 300927 earns more interest than it pays, so coverage of interest payments is not a concern.