China Nature Energy Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Nature Energy Technology Holdings has a total shareholder equity of CN¥261.6M and total debt of CN¥68.6M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are CN¥518.3M and CN¥256.8M respectively.
Key information
26.2%
Debt to equity ratio
CN¥68.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥55.82m |
| Equity | CN¥261.55m |
| Total liabilities | CN¥256.79m |
| Total assets | CN¥518.34m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For China Nature Energy Technology Holdings Limited's (HKG:1597) Shares After Tumbling 29%
Apr 16
Some Investors May Be Worried About China Nature Energy Technology Holdings' (HKG:1597) Returns On Capital
May 15China Nature Energy Technology Holdings (HKG:1597) Will Be Hoping To Turn Its Returns On Capital Around
Aug 23There May Be Reason For Hope In China Nature Energy Technology Holdings' (HKG:1597) Disappointing Earnings
Apr 29Should We Be Delighted With China Nature Energy Technology Holdings Limited's (HKG:1597) ROE Of 40%?
Jan 20Financial Position Analysis
Short Term Liabilities: 1597's short term assets (CN¥377.1M) exceed its short term liabilities (CN¥244.1M).
Long Term Liabilities: 1597's short term assets (CN¥377.1M) exceed its long term liabilities (CN¥12.7M).
Debt to Equity History and Analysis
Debt Level: 1597's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 1597's debt to equity ratio has reduced from 433.1% to 26.2% over the past 5 years.
Debt Coverage: 1597's debt is well covered by operating cash flow (22.1%).
Interest Coverage: Insufficient data to determine if 1597's interest payments on its debt are well covered by EBIT.