Jiangxi Huawu BrakeLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Huawu BrakeLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥775.9M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.3B respectively. Jiangxi Huawu BrakeLtd's EBIT is CN¥61.4M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥563.8M.
Key information
33.8%
Debt to equity ratio
CN¥775.90m
Debt
Interest coverage ratio | 2.2x |
Cash | CN¥563.85m |
Equity | CN¥2.29b |
Total liabilities | CN¥1.33b |
Total assets | CN¥3.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300095's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥819.3M).
Long Term Liabilities: 300095's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥511.6M).
Debt to Equity History and Analysis
Debt Level: 300095's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 300095's debt to equity ratio has reduced from 53.2% to 33.8% over the past 5 years.
Debt Coverage: 300095's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 300095's interest payments on its debt are not well covered by EBIT (2.2x coverage).