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¥2.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are CN¥8.7B and CN¥6.2B respectively. Jiangsu Leadmicro Nano-Equipment Technology's EBIT is CN¥161.7M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥2.2B.
Key information
50.8%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥2.17b |
| Equity | CN¥2.43b |
| Total liabilities | CN¥6.25b |
| Total assets | CN¥8.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688147's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 688147's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥357.7M).
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 35.2% to 50.8% 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.