Jikai Equipment Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Jikai Equipment Manufacturing has a total shareholder equity of CN¥899.7M and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥1.2B and CN¥262.1M respectively.
Key information
6.7%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥108.00m |
| Equity | CN¥899.70m |
| Total liabilities | CN¥262.09m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 30
We Think That There Are Issues Underlying Jikai Equipment Manufacturing's (SZSE:002691) Earnings
Aug 27More Unpleasant Surprises Could Be In Store For Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Shares After Tumbling 27%
Jun 06There's Reason For Concern Over Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Massive 30% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 002691's short term assets (CN¥677.8M) exceed its short term liabilities (CN¥236.8M).
Long Term Liabilities: 002691's short term assets (CN¥677.8M) exceed its long term liabilities (CN¥25.3M).
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 reduced from 7.9% to 6.7% over the past 5 years.
Debt Coverage: 002691's debt is well covered by operating cash flow (98.2%).
Interest Coverage: Insufficient data to determine if 002691's interest payments on its debt are well covered by EBIT.