Jangho Group Balance Sheet Health
Financial Health criteria checks 6/6
Jangho Group has a total shareholder equity of CN¥8.5B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥26.8B and CN¥18.3B respectively. Jangho Group's EBIT is CN¥1.2B making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥3.5B.
Key information
28.3%
Debt to equity ratio
CN¥2.42b
Debt
Interest coverage ratio | 12.5x |
Cash | CN¥3.50b |
Equity | CN¥8.55b |
Total liabilities | CN¥18.29b |
Total assets | CN¥26.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601886's short term assets (CN¥21.4B) exceed its short term liabilities (CN¥17.1B).
Long Term Liabilities: 601886's short term assets (CN¥21.4B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 601886 has more cash than its total debt.
Reducing Debt: 601886's debt to equity ratio has reduced from 44.2% to 28.3% over the past 5 years.
Debt Coverage: 601886's debt is well covered by operating cash flow (39%).
Interest Coverage: 601886's interest payments on its debt are well covered by EBIT (12.5x coverage).