Jiangsu Leadmicro Nano-Equipment Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Leadmicro Nano-Equipment Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are CN¥9.0B and CN¥6.4B respectively. Jiangsu Leadmicro Nano-Equipment Technology's EBIT is CN¥205.2M making its interest coverage ratio -12.7. It has cash and short-term investments of CN¥1.9B.
Key information
58.8%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | -12.7x |
| Cash | CN¥1.95b |
| Equity | CN¥2.56b |
| Total liabilities | CN¥6.40b |
| Total assets | CN¥8.97b |
Recent financial health updates
Is Jiangsu Leadmicro Nano-Equipment Technology (SHSE:688147) A Risky Investment?
Oct 30
Is Jiangsu Leadmicro Nano-Equipment Technology (SHSE:688147) Using Too Much Debt?
Mar 22Recent updates
Jiangsu Leadmicro Nano-Equipment Technology's (SHSE:688147) Earnings Are Built On Soft Foundations
Nov 06Is Jiangsu Leadmicro Nano-Equipment Technology (SHSE:688147) A Risky Investment?
Oct 30Investors Will Want Jiangsu Leadmicro Nano-Equipment Technology's (SHSE:688147) Growth In ROCE To Persist
Aug 15Jiangsu Leadmicro Nano-Equipment Technology's (SHSE:688147) Solid Profits Have Weak Fundamentals
May 06Jiangsu Leadmicro Nano-Equipment Technology Ltd's (SHSE:688147) Share Price Matching Investor Opinion
Apr 27Is Jiangsu Leadmicro Nano-Equipment Technology (SHSE:688147) Using Too Much Debt?
Mar 22An Intrinsic Calculation For Jiangsu Leadmicro Nano-Equipment Technology Ltd (SHSE:688147) Suggests It's 29% Undervalued
Feb 26Financial Position Analysis
Short Term Liabilities: 688147's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 688147's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥604.5M).
Debt to Equity History and Analysis
Debt Level: 688147 has more cash than its total debt.
Reducing Debt: 688147's debt to equity ratio has increased from 20.5% to 58.8% over the past 5 years.
Debt Coverage: 688147's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688147 earns more interest than it pays, so coverage of interest payments is not a concern.