Jiangsu Leadmicro Nano-Equipment Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Leadmicro Nano-Equipment Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are CN¥8.5B and CN¥6.2B respectively. Jiangsu Leadmicro Nano-Equipment Technology's EBIT is CN¥211.1M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥1.2B.
Key information
44.2%
Debt to equity ratio
CN¥1.04b
Debt
Interest coverage ratio | -6.2x |
Cash | CN¥1.21b |
Equity | CN¥2.35b |
Total liabilities | CN¥6.15b |
Total assets | CN¥8.51b |
Recent financial health updates
Recent updates
Jiangsu 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¥7.7B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 688147's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥268.6M).
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 reduced from 72.7% to 44.2% 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.