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¥186.7M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥3.6B and CN¥426.5M respectively. Jiangxi JDL Environmental Protection's EBIT is CN¥135.5M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥2.1B.
Key information
5.9%
Debt to equity ratio
CN¥186.72m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥2.10b |
| Equity | CN¥3.15b |
| Total liabilities | CN¥426.49m |
| Total assets | CN¥3.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688057's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥389.0M).
Long Term Liabilities: 688057's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥37.5M).
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 13.1% to 5.9% over the past 5 years.
Debt Coverage: 688057's debt is well covered by operating cash flow (139.5%).
Interest Coverage: 688057 earns more interest than it pays, so coverage of interest payments is not a concern.