Jiangsu Sidike New Materials Science & Technology Balance Sheet Health
Financial Health criteria checks 0/6
Jiangsu Sidike New Materials Science & Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 167%. Its total assets and total liabilities are CN¥7.3B and CN¥5.1B respectively. Jiangsu Sidike New Materials Science & Technology's EBIT is CN¥57.4M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥215.0M.
Key information
167.0%
Debt to equity ratio
CN¥3.67b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥214.97m |
| Equity | CN¥2.20b |
| Total liabilities | CN¥5.10b |
| Total assets | CN¥7.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300806's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 300806's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 300806's net debt to equity ratio (157.2%) is considered high.
Reducing Debt: 300806's debt to equity ratio has increased from 77.3% to 167% over the past 5 years.
Debt Coverage: 300806's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 300806's interest payments on its debt are not well covered by EBIT (0.5x coverage).