Jiangsu Pacific Precision Forging Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Pacific Precision Forging has a total shareholder equity of CN¥3.8B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are CN¥6.7B and CN¥2.9B respectively. Jiangsu Pacific Precision Forging's EBIT is CN¥208.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥1.5B.
Key information
58.5%
Debt to equity ratio
CN¥2.21b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥1.49b |
| Equity | CN¥3.79b |
| Total liabilities | CN¥2.94b |
| Total assets | CN¥6.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300258's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300258's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 300258's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 300258's debt to equity ratio has increased from 37.4% to 58.5% over the past 5 years.
Debt Coverage: 300258's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 300258's interest payments on its debt are well covered by EBIT (5.4x coverage).