Hefei Jianghang Aircraft EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hefei Jianghang Aircraft EquipmentLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively. Hefei Jianghang Aircraft EquipmentLtd's EBIT is CN¥128.8M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥1.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥1.27b |
| Equity | CN¥2.48b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥3.49b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Hefei Jianghang Aircraft Equipment Co.,Ltd.'s (SHSE:688586) Price
Sep 27
The Returns At Hefei Jianghang Aircraft EquipmentLtd (SHSE:688586) Aren't Growing
Aug 26Hefei Jianghang Aircraft Equipment Co.,Ltd.'s (SHSE:688586) Business Is Trailing The Market But Its Shares Aren't
Jun 24Hefei Jianghang Aircraft Equipment's (SHSE:688586) Returns On Capital Are Heading Higher
Apr 17We Think That There Are More Issues For Hefei Jianghang Aircraft Equipment (SHSE:688586) Than Just Sluggish Earnings
Mar 21Financial Position Analysis
Short Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥786.3M).
Long Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥227.5M).
Debt to Equity History and Analysis
Debt Level: 688586 is debt free.
Reducing Debt: 688586 has no debt compared to 5 years ago when its debt to equity ratio was 4.5%.
Debt Coverage: 688586 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688586 has no debt, therefore coverage of interest payments is not a concern.