Nanya New Material TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanya New Material TechnologyLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥325.2M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥4.7B and CN¥2.2B respectively.
Key information
13.3%
Debt to equity ratio
CN¥325.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥571.55m |
| Equity | CN¥2.44b |
| Total liabilities | CN¥2.22b |
| Total assets | CN¥4.66b |
Recent financial health updates
Recent updates
Nanya New Material TechnologyLtd's (SHSE:688519) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 04
Nanya New Material Technology Co.,Ltd's (SHSE:688519) Price Is Right But Growth Is Lacking After Shares Rocket 43%
Oct 08Nanya New Material Technology Co.,Ltd's (SHSE:688519) Business And Shares Still Trailing The Industry
Jul 15Is Nanya New Material TechnologyLtd (SHSE:688519) Using Debt In A Risky Way?
Jun 10Nanya New Material Technology Co.,Ltd's (SHSE:688519) Shares Bounce 39% But Its Business Still Trails The Industry
Mar 06Financial Position Analysis
Short Term Liabilities: 688519's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 688519's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥197.0M).
Debt to Equity History and Analysis
Debt Level: 688519 has more cash than its total debt.
Reducing Debt: 688519's debt to equity ratio has reduced from 35.5% to 13.3% over the past 5 years.
Debt Coverage: 688519's debt is well covered by operating cash flow (27.2%).
Interest Coverage: Insufficient data to determine if 688519's interest payments on its debt are well covered by EBIT.