Ningbo Color Master Batch Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Color Master Batch has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥85.2M respectively. Ningbo Color Master Batch's EBIT is CN¥102.8M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥560.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥560.86m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥85.23m |
| Total assets | CN¥1.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301019's short term assets (CN¥857.7M) exceed its short term liabilities (CN¥74.9M).
Long Term Liabilities: 301019's short term assets (CN¥857.7M) exceed its long term liabilities (CN¥10.3M).
Debt to Equity History and Analysis
Debt Level: 301019 is debt free.
Reducing Debt: 301019 has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: 301019 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301019 has no debt, therefore coverage of interest payments is not a concern.