Nanjing Hanrui CobaltLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Hanrui CobaltLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are CN¥8.8B and CN¥3.4B respectively. Nanjing Hanrui CobaltLtd's EBIT is CN¥355.8M making its interest coverage ratio 104.3. It has cash and short-term investments of CN¥2.1B.
Key information
28.1%
Debt to equity ratio
CN¥1.53b
Debt
| Interest coverage ratio | 104.3x |
| Cash | CN¥2.11b |
| Equity | CN¥5.43b |
| Total liabilities | CN¥3.42b |
| Total assets | CN¥8.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300618's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300618's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥353.2M).
Debt to Equity History and Analysis
Debt Level: 300618 has more cash than its total debt.
Reducing Debt: 300618's debt to equity ratio has reduced from 50.2% to 28.1% over the past 5 years.
Debt Coverage: 300618's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300618's interest payments on its debt are well covered by EBIT (104.3x coverage).