Jiangsu Libert Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Libert has a total shareholder equity of CN¥1.6B and total debt of CN¥160.3M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are CN¥2.7B and CN¥1.0B respectively. Jiangsu Libert's EBIT is CN¥211.3M making its interest coverage ratio -61.4. It has cash and short-term investments of CN¥509.6M.
Key information
9.8%
Debt to equity ratio
CN¥160.35m
Debt
Interest coverage ratio | -61.4x |
Cash | CN¥509.56m |
Equity | CN¥1.64b |
Total liabilities | CN¥1.03b |
Total assets | CN¥2.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 605167's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥880.6M).
Long Term Liabilities: 605167's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥146.3M).
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 reduced from 12.3% to 9.8% over the past 5 years.
Debt Coverage: 605167's debt is well covered by operating cash flow (120.1%).
Interest Coverage: 605167 earns more interest than it pays, so coverage of interest payments is not a concern.