JiangSu Changling HydraulicLtd Balance Sheet Health
Financial Health criteria checks 6/6
JiangSu Changling HydraulicLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥10.7K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥229.2M respectively. JiangSu Changling HydraulicLtd's EBIT is CN¥103.7M making its interest coverage ratio -20.3. It has cash and short-term investments of CN¥850.4M.
Key information
0.0005%
Debt to equity ratio
CN¥10.71k
Debt
Interest coverage ratio | -20.3x |
Cash | CN¥850.41m |
Equity | CN¥2.20b |
Total liabilities | CN¥229.20m |
Total assets | CN¥2.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605389's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥175.0M).
Long Term Liabilities: 605389's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥54.2M).
Debt to Equity History and Analysis
Debt Level: 605389 has more cash than its total debt.
Reducing Debt: 605389's debt to equity ratio has reduced from 4.7% to 0% over the past 5 years.
Debt Coverage: 605389's debt is well covered by operating cash flow (1849648.4%).
Interest Coverage: 605389 earns more interest than it pays, so coverage of interest payments is not a concern.