Jiangsu Topfly New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Topfly New Materials has a total shareholder equity of CN¥935.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥154.9M respectively. Jiangsu Topfly New Materials's EBIT is CN¥15.8M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥156.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥156.26m |
| Equity | CN¥935.75m |
| Total liabilities | CN¥154.87m |
| Total assets | CN¥1.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001373's short term assets (CN¥895.8M) exceed its short term liabilities (CN¥138.1M).
Long Term Liabilities: 001373's short term assets (CN¥895.8M) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 001373 is debt free.
Reducing Debt: 001373 had no debt 5 years ago.
Debt Coverage: 001373 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001373 has no debt, therefore coverage of interest payments is not a concern.