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¥1.6B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are CN¥8.7B and CN¥3.4B respectively. Nanjing Hanrui CobaltLtd's EBIT is CN¥333.6M making its interest coverage ratio 43.9. It has cash and short-term investments of CN¥1.8B.
Key information
30.6%
Debt to equity ratio
CN¥1.64b
Debt
| Interest coverage ratio | 43.9x |
| Cash | CN¥1.82b |
| Equity | CN¥5.36b |
| Total liabilities | CN¥3.38b |
| Total assets | CN¥8.74b |
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¥3.0B).
Long Term Liabilities: 300618's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥351.4M).
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 46.4% to 30.6% 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 (43.9x coverage).