Nanya New Material TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nanya New Material TechnologyLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥406.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively.
Key information
16.7%
Debt to equity ratio
CN¥406.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥432.90m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥4.40b |
Recent financial health updates
Recent updates
Nanya New Material Technology Co.,Ltd's (SHSE:688519) Business And Shares Still Trailing The Industry
Jul 15
Is 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¥2.6B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 688519's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥202.3M).
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 35.7% to 16.7% over the past 5 years.
Debt Coverage: 688519's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if 688519's interest payments on its debt are well covered by EBIT.