Jiangyin Hengrun Heavy Industries Balance Sheet Health
Financial Health criteria checks 4/6
Jiangyin Hengrun Heavy Industries has a total shareholder equity of CN¥3.3B and total debt of CN¥755.8M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥4.5B and CN¥1.2B respectively.
Key information
23.1%
Debt to equity ratio
CN¥755.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥340.42m |
| Equity | CN¥3.28b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603985's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603985's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥58.0M).
Debt to Equity History and Analysis
Debt Level: 603985's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 603985's debt to equity ratio has reduced from 27.4% to 23.1% over the past 5 years.
Debt Coverage: 603985's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if 603985's interest payments on its debt are well covered by EBIT.