Yunnan Nantian Electronics InformationLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yunnan Nantian Electronics InformationLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are CN¥8.3B and CN¥5.6B respectively. Yunnan Nantian Electronics InformationLtd's EBIT is CN¥113.4M making its interest coverage ratio -539.6. It has cash and short-term investments of CN¥1.1B.
Key information
50.7%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | -539.6x |
| Cash | CN¥1.13b |
| Equity | CN¥2.69b |
| Total liabilities | CN¥5.60b |
| Total assets | CN¥8.29b |
Recent financial health updates
Recent updates
Yunnan Nantian Electronics InformationLtd's (SZSE:000948) Earnings Are Of Questionable Quality
Apr 20
Is Yunnan Nantian Electronics InformationLtd (SZSE:000948) Using Too Much Debt?
Mar 30Earnings Not Telling The Story For Yunnan Nantian Electronics Information Co.,Ltd. (SZSE:000948) After Shares Rise 26%
Mar 08Financial Position Analysis
Short Term Liabilities: 000948's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 000948's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥831.7M).
Debt to Equity History and Analysis
Debt Level: 000948's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 000948's debt to equity ratio has increased from 30.4% to 50.7% over the past 5 years.
Debt Coverage: 000948's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000948 earns more interest than it pays, so coverage of interest payments is not a concern.