Jiangsu Nata Opto-electronic Material Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Nata Opto-electronic Material has a total shareholder equity of CN¥2.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are CN¥5.5B and CN¥2.9B respectively. Jiangsu Nata Opto-electronic Material's EBIT is CN¥177.2M making its interest coverage ratio 10.8. It has cash and short-term investments of CN¥1.6B.
Key information
51.3%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | 10.8x |
| Cash | CN¥1.59b |
| Equity | CN¥2.59b |
| Total liabilities | CN¥2.95b |
| Total assets | CN¥5.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300346's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300346's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300346 has more cash than its total debt.
Reducing Debt: 300346's debt to equity ratio has increased from 0% to 51.3% over the past 5 years.
Debt Coverage: 300346's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 300346's interest payments on its debt are well covered by EBIT (10.8x coverage).