Jiangsu Xinquan Automotive TrimLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Xinquan Automotive TrimLtd has a total shareholder equity of CN¥5.1B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥13.9B and CN¥8.8B respectively. Jiangsu Xinquan Automotive TrimLtd's EBIT is CN¥994.0M making its interest coverage ratio 17.9. It has cash and short-term investments of CN¥1.3B.
Key information
47.3%
Debt to equity ratio
CN¥2.43b
Debt
| Interest coverage ratio | 17.9x |
| Cash | CN¥1.28b |
| Equity | CN¥5.13b |
| Total liabilities | CN¥8.76b |
| Total assets | CN¥13.89b |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179)
Aug 26
Why We're Not Concerned About Jiangsu Xinquan Automotive Trim Co.,Ltd.'s (SHSE:603179) Share Price
Jul 17We Think Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Can Stay On Top Of Its Debt
Jun 21Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Hasn't Managed To Accelerate Its Returns
May 22Additional Considerations Required While Assessing Jiangsu Xinquan Automotive TrimLtd's (SHSE:603179) Strong Earnings
May 06Is Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Potentially Undervalued?
Apr 08Earnings Update: Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 27With EPS Growth And More, Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Makes An Interesting Case
Mar 15Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Investors Are Less Pessimistic Than Expected
Mar 01Financial Position Analysis
Short Term Liabilities: 603179's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 603179's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603179's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 603179's debt to equity ratio has increased from 47.2% to 47.3% over the past 5 years.
Debt Coverage: 603179's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 603179's interest payments on its debt are well covered by EBIT (17.9x coverage).