Nanjing Panda Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Panda Electronics has a total shareholder equity of CN¥3.5B and total debt of CN¥26.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥5.3B and CN¥1.8B respectively.
Key information
0.7%
Debt to equity ratio
CN¥26.36m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.38b |
Equity | CN¥3.54b |
Total liabilities | CN¥1.78b |
Total assets | CN¥5.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 553's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 553's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥57.3M).
Debt to Equity History and Analysis
Debt Level: 553 has more cash than its total debt.
Reducing Debt: 553's debt to equity ratio has reduced from 2.6% to 0.7% over the past 5 years.
Debt Coverage: 553's debt is well covered by operating cash flow (323%).
Interest Coverage: Insufficient data to determine if 553's interest payments on its debt are well covered by EBIT.