NanJi E-Commerce Balance Sheet Health
Financial Health criteria checks 6/6
NanJi E-Commerce has a total shareholder equity of CN¥4.6B and total debt of CN¥10.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥5.4B and CN¥822.0M respectively. NanJi E-Commerce's EBIT is CN¥171.6M making its interest coverage ratio -9.2. It has cash and short-term investments of CN¥3.0B.
Key information
0.2%
Debt to equity ratio
CN¥10.40m
Debt
Interest coverage ratio | -9.2x |
Cash | CN¥3.00b |
Equity | CN¥4.58b |
Total liabilities | CN¥821.98m |
Total assets | CN¥5.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002127's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥781.0M).
Long Term Liabilities: 002127's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥41.0M).
Debt to Equity History and Analysis
Debt Level: 002127 has more cash than its total debt.
Reducing Debt: 002127's debt to equity ratio has reduced from 1.9% to 0.2% over the past 5 years.
Debt Coverage: 002127's debt is well covered by operating cash flow (3849.8%).
Interest Coverage: 002127 earns more interest than it pays, so coverage of interest payments is not a concern.