Jiangsu Favored Nanotechnology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Favored Nanotechnology has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥104.9M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥763.48m |
| Equity | CN¥1.92b |
| Total liabilities | CN¥104.88m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688371's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥102.5M).
Long Term Liabilities: 688371's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥2.4M).
Debt to Equity History and Analysis
Debt Level: 688371 is debt free.
Reducing Debt: 688371 has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
Debt Coverage: 688371 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688371 has no debt, therefore coverage of interest payments is not a concern.