Jiangsu Sainty Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Sainty has a total shareholder equity of CN¥2.0B and total debt of CN¥810.7M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CN¥3.5B and CN¥1.5B respectively. Jiangsu Sainty's EBIT is CN¥155.6M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥949.3M.
Key information
41.3%
Debt to equity ratio
CN¥810.67m
Debt
Interest coverage ratio | -5.5x |
Cash | CN¥949.27m |
Equity | CN¥1.96b |
Total liabilities | CN¥1.54b |
Total assets | CN¥3.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600287's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600287's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥137.5M).
Debt to Equity History and Analysis
Debt Level: 600287 has more cash than its total debt.
Reducing Debt: 600287's debt to equity ratio has increased from 9% to 41.3% over the past 5 years.
Debt Coverage: 600287's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 600287 earns more interest than it pays, so coverage of interest payments is not a concern.