Jiangsu Libert Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Libert has a total shareholder equity of CN¥1.8B and total debt of CN¥146.5M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥3.0B and CN¥1.2B respectively. Jiangsu Libert's EBIT is CN¥271.9M making its interest coverage ratio 177.5. It has cash and short-term investments of CN¥576.1M.
Key information
8.2%
Debt to equity ratio
CN¥146.55m
Debt
| Interest coverage ratio | 177.5x |
| Cash | CN¥576.11m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥2.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 605167's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 605167's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥101.7M).
Debt to Equity History and Analysis
Debt Level: 605167 has more cash than its total debt.
Reducing Debt: 605167's debt to equity ratio has increased from 5.9% to 8.2% over the past 5 years.
Debt Coverage: 605167's debt is well covered by operating cash flow (136.9%).
Interest Coverage: 605167's interest payments on its debt are well covered by EBIT (177.5x coverage).