Liaoning Xinde New Material Technology Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Xinde New Material Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥307.5M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥3.2B and CN¥448.9M respectively.
Key information
11.3%
Debt to equity ratio
CN¥307.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.67b |
| Equity | CN¥2.72b |
| Total liabilities | CN¥448.87m |
| Total assets | CN¥3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301349's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥251.9M).
Long Term Liabilities: 301349's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥197.0M).
Debt to Equity History and Analysis
Debt Level: 301349 has more cash than its total debt.
Reducing Debt: 301349's debt to equity ratio has increased from 0% to 11.3% over the past 5 years.
Debt Coverage: 301349's debt is well covered by operating cash flow (31.3%).
Interest Coverage: Insufficient data to determine if 301349's interest payments on its debt are well covered by EBIT.