Jiangling Motors Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Jiangling Motors has a total shareholder equity of CN¥10.2B and total debt of CN¥494.0M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥27.8B and CN¥17.5B respectively. Jiangling Motors's EBIT is CN¥303.8M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥10.3B.
Key information
4.8%
Debt to equity ratio
CN¥493.98m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥10.30b |
| Equity | CN¥10.22b |
| Total liabilities | CN¥17.54b |
| Total assets | CN¥27.77b |
Recent financial health updates
Recent updates
Returns At Jiangling Motors Corporation (SZSE:000550) Are On The Way Up
Apr 22
Jiangling Motors Corporation, Ltd. (SZSE:000550) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 02Jiangling Motors Corporation, Ltd.'s (SZSE:000550) Shares Bounce 27% But Its Business Still Trails The Market
Mar 21Health Check: How Prudently Does Jiangling Motors Corporation (SZSE:000550) Use Debt?
Feb 29Financial Position Analysis
Short Term Liabilities: 000550's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥16.8B).
Long Term Liabilities: 000550's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥702.3M).
Debt to Equity History and Analysis
Debt Level: 000550 has more cash than its total debt.
Reducing Debt: 000550's debt to equity ratio has increased from 0.04% to 4.8% over the past 5 years.
Debt Coverage: 000550's debt is well covered by operating cash flow (946.4%).
Interest Coverage: 000550 earns more interest than it pays, so coverage of interest payments is not a concern.