Jiangsu Xinri E-Vehicle Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Xinri E-Vehicle has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥1.9B respectively. Jiangsu Xinri E-Vehicle's EBIT is CN¥20.1M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.10b |
Equity | CN¥1.57b |
Total liabilities | CN¥1.91b |
Total assets | CN¥3.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603787's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603787's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥20.9M).
Debt to Equity History and Analysis
Debt Level: 603787 is debt free.
Reducing Debt: 603787 had no debt 5 years ago.
Debt Coverage: 603787 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603787 has no debt, therefore coverage of interest payments is not a concern.