Jiangsu Shemar ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Shemar ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥293.5M respectively. Jiangsu Shemar ElectricLtd's EBIT is CN¥214.8M making its interest coverage ratio -18.1. It has cash and short-term investments of CN¥353.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -18.1x |
Cash | CN¥353.93m |
Equity | CN¥1.65b |
Total liabilities | CN¥293.52m |
Total assets | CN¥1.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603530's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥237.0M).
Long Term Liabilities: 603530's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥56.5M).
Debt to Equity History and Analysis
Debt Level: 603530 is debt free.
Reducing Debt: 603530 has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.
Debt Coverage: 603530 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603530 has no debt, therefore coverage of interest payments is not a concern.