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¥3.6B and CN¥379.3M respectively. Nanjing Xinlian Electronics's EBIT is CN¥129.0M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥2.6B.
Key information
0.8%
Debt to equity ratio
CN¥24.02m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥2.57b |
| Equity | CN¥3.19b |
| Total liabilities | CN¥379.29m |
| Total assets | CN¥3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002546's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥364.1M).
Long Term Liabilities: 002546's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥15.2M).
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 increased from 0.5% to 0.8% over the past 5 years.
Debt Coverage: 002546's debt is well covered by operating cash flow (1190%).
Interest Coverage: 002546's interest payments on its debt are well covered by EBIT (4.2x coverage).