Jikai Equipment Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Jikai Equipment Manufacturing has a total shareholder equity of CN¥913.5M and total debt of CN¥72.6M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥1.1B and CN¥218.0M respectively.
Key information
7.9%
Debt to equity ratio
CN¥72.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥86.34m |
| Equity | CN¥913.50m |
| Total liabilities | CN¥217.96m |
| Total assets | CN¥1.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002691's short term assets (CN¥642.6M) exceed its short term liabilities (CN¥191.8M).
Long Term Liabilities: 002691's short term assets (CN¥642.6M) exceed its long term liabilities (CN¥26.2M).
Debt to Equity History and Analysis
Debt Level: 002691 has more cash than its total debt.
Reducing Debt: 002691's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.
Debt Coverage: 002691's debt is well covered by operating cash flow (113.2%).
Interest Coverage: Insufficient data to determine if 002691's interest payments on its debt are well covered by EBIT.