Nanjing CompTECH Composites Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing CompTECH Composites has a total shareholder equity of CN¥862.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥933.6M and CN¥71.5M respectively. Nanjing CompTECH Composites's EBIT is CN¥80.3M making its interest coverage ratio -23.8. It has cash and short-term investments of CN¥432.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -23.8x |
| Cash | CN¥432.01m |
| Equity | CN¥862.03m |
| Total liabilities | CN¥71.53m |
| Total assets | CN¥933.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301591's short term assets (CN¥723.9M) exceed its short term liabilities (CN¥66.8M).
Long Term Liabilities: 301591's short term assets (CN¥723.9M) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 301591 is debt free.
Reducing Debt: 301591 has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.
Debt Coverage: 301591 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301591 has no debt, therefore coverage of interest payments is not a concern.