Jiangling Motors Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Jiangling Motors has a total shareholder equity of CN¥10.3B and total debt of CN¥599.6M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥29.8B and CN¥19.5B respectively. Jiangling Motors's EBIT is CN¥616.9M making its interest coverage ratio -3. It has cash and short-term investments of CN¥11.3B.
Key information
5.8%
Debt to equity ratio
CN¥599.61m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥11.31b |
| Equity | CN¥10.30b |
| Total liabilities | CN¥19.49b |
| Total assets | CN¥29.79b |
Recent financial health updates
Does Jiangling Motors Corporation (SZSE:000550) Have A Healthy Balance Sheet?
Oct 13
Jiangling Motors Corporation (SZSE:000550) Seems To Use Debt Quite Sensibly
Jun 26Health Check: How Prudently Does Jiangling Motors Corporation (SZSE:000550) Use Debt?
Feb 29Recent updates
Is Now The Time To Look At Buying Jiangling Motors Corporation, Ltd. (SZSE:000550)?
Oct 24Does Jiangling Motors Corporation (SZSE:000550) Have A Healthy Balance Sheet?
Oct 13Jiangling Motors Corporation, Ltd.'s (SZSE:000550) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Sep 30Is Jiangling Motors Corporation, Ltd. (SZSE:000550) Trading At A 26% Discount?
Sep 25Returns At Jiangling Motors Corporation (SZSE:000550) Are On The Way Up
Sep 13If EPS Growth Is Important To You, Jiangling Motors Corporation (SZSE:000550) Presents An Opportunity
Aug 13Jiangling Motors Corporation, Ltd. (SZSE:000550) Stock Catapults 34% Though Its Price And Business Still Lag The Market
Jul 30Jiangling Motors Corporation's (SZSE:000550) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 17Is There Now An Opportunity In Jiangling Motors Corporation, Ltd. (SZSE:000550)?
Jul 11Jiangling Motors Corporation (SZSE:000550) Seems To Use Debt Quite Sensibly
Jun 26Returns At Jiangling Motors Corporation (SZSE:000550) Are On The Way Up
Apr 22Jiangling 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¥19.6B) exceed its short term liabilities (CN¥18.7B).
Long Term Liabilities: 000550's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥788.4M).
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 5.8% over the past 5 years.
Debt Coverage: 000550's debt is well covered by operating cash flow (646.8%).
Interest Coverage: 000550 earns more interest than it pays, so coverage of interest payments is not a concern.