Jiangshan Oupai Door Industry Balance Sheet Health
Financial Health criteria checks 4/6
Jiangshan Oupai Door Industry has a total shareholder equity of CN¥1.4B and total debt of CN¥659.3M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥3.9B and CN¥2.5B respectively. Jiangshan Oupai Door Industry's EBIT is CN¥191.0M making its interest coverage ratio 10.7. It has cash and short-term investments of CN¥622.6M.
Key information
47.8%
Debt to equity ratio
CN¥659.32m
Debt
| Interest coverage ratio | 10.7x |
| Cash | CN¥622.55m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥2.51b |
| Total assets | CN¥3.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603208's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603208's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥832.6M).
Debt to Equity History and Analysis
Debt Level: 603208's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 603208's debt to equity ratio has increased from 7.8% to 47.8% over the past 5 years.
Debt Coverage: 603208's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 603208's interest payments on its debt are well covered by EBIT (10.7x coverage).