Guangdong Jinming Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Jinming Machinery has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥191.8M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥344.41m |
Equity | CN¥1.28b |
Total liabilities | CN¥191.81m |
Total assets | CN¥1.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300281's short term assets (CN¥747.8M) exceed its short term liabilities (CN¥161.7M).
Long Term Liabilities: 300281's short term assets (CN¥747.8M) exceed its long term liabilities (CN¥30.1M).
Debt to Equity History and Analysis
Debt Level: 300281 is debt free.
Reducing Debt: 300281 has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
Debt Coverage: 300281 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300281 has no debt, therefore coverage of interest payments is not a concern.