J.S. Corrugating Machinery Balance Sheet Health
Financial Health criteria checks 6/6
J.S. Corrugating Machinery has a total shareholder equity of CN¥3.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CN¥15.4B and CN¥11.5B respectively. J.S. Corrugating Machinery's EBIT is CN¥618.4M making its interest coverage ratio -11694.3. It has cash and short-term investments of CN¥2.3B.
Key information
27.8%
Debt to equity ratio
CN¥1.09b
Debt
| Interest coverage ratio | -11694.3x |
| Cash | CN¥2.32b |
| Equity | CN¥3.92b |
| Total liabilities | CN¥11.52b |
| Total assets | CN¥15.44b |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For J.S. Corrugating Machinery's (SZSE:000821) Returns On Capital
Mar 25
J.S. Corrugating Machinery Co., Ltd.'s (SZSE:000821) Shares Bounce 33% But Its Business Still Trails The Market
Mar 06J.S. Corrugating Machinery (SZSE:000821) Seems To Use Debt Quite Sensibly
Feb 27Financial Position Analysis
Short Term Liabilities: 000821's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 000821's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥584.1M).
Debt to Equity History and Analysis
Debt Level: 000821 has more cash than its total debt.
Reducing Debt: 000821's debt to equity ratio has reduced from 28.6% to 27.8% over the past 5 years.
Debt Coverage: 000821's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 000821 earns more interest than it pays, so coverage of interest payments is not a concern.