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¥10.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively. Hefei Jianghang Aircraft EquipmentLtd's EBIT is CN¥110.2M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.2B.
Key information
0.4%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.20b |
| Equity | CN¥2.51b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥3.52b |
Recent financial health updates
No updates
Recent updates
Hefei Jianghang Aircraft EquipmentLtd's (SHSE:688586) Problems Go Beyond Weak Profit
Nov 05
There's Reason For Concern Over Hefei Jianghang Aircraft Equipment Co.,Ltd.'s (SHSE:688586) Price
Sep 27The 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¥817.3M).
Long Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥192.2M).
Debt to Equity History and Analysis
Debt Level: 688586 has more cash than its total debt.
Reducing Debt: 688586's debt to equity ratio has reduced from 2.2% to 0.4% over the past 5 years.
Debt Coverage: 688586's debt is well covered by operating cash flow (257.5%).
Interest Coverage: 688586 earns more interest than it pays, so coverage of interest payments is not a concern.