Malion New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Malion New Materials has a total shareholder equity of CN¥2.4B and total debt of CN¥728.4M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.1B respectively. Malion New Materials's EBIT is CN¥136.2M making its interest coverage ratio 12.2. It has cash and short-term investments of CN¥327.5M.
Key information
30.4%
Debt to equity ratio
CN¥728.43m
Debt
Interest coverage ratio | 12.2x |
Cash | CN¥327.53m |
Equity | CN¥2.39b |
Total liabilities | CN¥1.12b |
Total assets | CN¥3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300586's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥619.9M).
Long Term Liabilities: 300586's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥496.0M).
Debt to Equity History and Analysis
Debt Level: 300586's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: 300586's debt to equity ratio has reduced from 56.3% to 30.4% over the past 5 years.
Debt Coverage: 300586's debt is well covered by operating cash flow (41.2%).
Interest Coverage: 300586's interest payments on its debt are well covered by EBIT (12.2x coverage).