Nanjing Business & TourismLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Business & TourismLtd has a total shareholder equity of CN¥820.9M and total debt of CN¥419.9M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are CN¥1.8B and CN¥973.9M respectively. Nanjing Business & TourismLtd's EBIT is CN¥130.6M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥483.8M.
Key information
51.2%
Debt to equity ratio
CN¥419.95m
Debt
Interest coverage ratio | -4.8x |
Cash | CN¥483.85m |
Equity | CN¥820.86m |
Total liabilities | CN¥973.94m |
Total assets | CN¥1.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600250's short term assets (CN¥708.8M) exceed its short term liabilities (CN¥693.3M).
Long Term Liabilities: 600250's short term assets (CN¥708.8M) exceed its long term liabilities (CN¥280.6M).
Debt to Equity History and Analysis
Debt Level: 600250 has more cash than its total debt.
Reducing Debt: 600250's debt to equity ratio has reduced from 78.1% to 51.2% over the past 5 years.
Debt Coverage: 600250's debt is well covered by operating cash flow (26%).
Interest Coverage: 600250 earns more interest than it pays, so coverage of interest payments is not a concern.