Nanjing COSMOS Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing COSMOS Chemical has a total shareholder equity of CN¥2.8B and total debt of CN¥649.1M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥4.0B and CN¥1.2B respectively. Nanjing COSMOS Chemical's EBIT is CN¥783.7M making its interest coverage ratio 269.9. It has cash and short-term investments of CN¥1.2B.
Key information
23.0%
Debt to equity ratio
CN¥649.12m
Debt
| Interest coverage ratio | 269.9x |
| Cash | CN¥1.17b |
| Equity | CN¥2.82b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥4.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300856's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥396.5M).
Long Term Liabilities: 300856's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥795.0M).
Debt to Equity History and Analysis
Debt Level: 300856 has more cash than its total debt.
Reducing Debt: 300856's debt to equity ratio has reduced from 47.5% to 23% over the past 5 years.
Debt Coverage: 300856's debt is well covered by operating cash flow (146.8%).
Interest Coverage: 300856's interest payments on its debt are well covered by EBIT (269.9x coverage).