Jiangxi JDL Environmental Protection Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi JDL Environmental Protection has a total shareholder equity of CN¥3.1B and total debt of CN¥75.1M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥3.5B and CN¥365.4M respectively. Jiangxi JDL Environmental Protection's EBIT is CN¥190.8M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥1.8B.
Key information
2.4%
Debt to equity ratio
CN¥75.09m
Debt
Interest coverage ratio | -3.6x |
Cash | CN¥1.83b |
Equity | CN¥3.11b |
Total liabilities | CN¥365.38m |
Total assets | CN¥3.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688057's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥310.9M).
Long Term Liabilities: 688057's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥54.5M).
Debt to Equity History and Analysis
Debt Level: 688057 has more cash than its total debt.
Reducing Debt: 688057's debt to equity ratio has reduced from 17.8% to 2.4% over the past 5 years.
Debt Coverage: 688057's debt is well covered by operating cash flow (163%).
Interest Coverage: 688057 earns more interest than it pays, so coverage of interest payments is not a concern.