Jiangyin Pivot Automotive Products Balance Sheet Health
Financial Health criteria checks 6/6
Jiangyin Pivot Automotive Products has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥163.1M respectively. Jiangyin Pivot Automotive Products's EBIT is CN¥140.0M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥782.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -5.2x |
Cash | CN¥782.87m |
Equity | CN¥1.44b |
Total liabilities | CN¥163.08m |
Total assets | CN¥1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301181's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥158.2M).
Long Term Liabilities: 301181's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥4.9M).
Debt to Equity History and Analysis
Debt Level: 301181 is debt free.
Reducing Debt: 301181 has no debt compared to 5 years ago when its debt to equity ratio was 9.9%.
Debt Coverage: 301181 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301181 has no debt, therefore coverage of interest payments is not a concern.