Nanjing Xinlian Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Xinlian Electronics has a total shareholder equity of CN¥3.2B and total debt of CN¥24.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥3.5B and CN¥271.4M respectively. Nanjing Xinlian Electronics's EBIT is CN¥103.1M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥2.5B.
Key information
0.8%
Debt to equity ratio
CN¥24.03m
Debt
Interest coverage ratio | -12.6x |
Cash | CN¥2.52b |
Equity | CN¥3.18b |
Total liabilities | CN¥271.38m |
Total assets | CN¥3.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002546's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥259.0M).
Long Term Liabilities: 002546's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 002546 has more cash than its total debt.
Reducing Debt: 002546's debt to equity ratio has reduced from 1.2% to 0.8% over the past 5 years.
Debt Coverage: 002546's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002546 earns more interest than it pays, so coverage of interest payments is not a concern.