Jiangsu Ankura Intelligent Power Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Ankura Intelligent Power has a total shareholder equity of CN¥2.8B and total debt of CN¥336.1M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥3.8B and CN¥916.5M respectively. Jiangsu Ankura Intelligent Power's EBIT is CN¥162.5M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥1.5B.
Key information
11.8%
Debt to equity ratio
CN¥336.10m
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥1.51b |
| Equity | CN¥2.85b |
| Total liabilities | CN¥916.52m |
| Total assets | CN¥3.77b |
Recent financial health updates
Recent updates
Jiangsu Ankura Intelligent Power Co., Ltd. (SZSE:300617) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 30
Is Jiangsu Ankura Intelligent Power (SZSE:300617) Using Too Much Debt?
Jun 06Investors Still Aren't Entirely Convinced By Jiangsu Ankura Intelligent Power Co., Ltd.'s (SZSE:300617) Earnings Despite 36% Price Jump
Mar 06Jiangsu Ankura Intelligent Power Co., Ltd. (SZSE:300617) Soars 36% But It's A Story Of Risk Vs Reward
Mar 06Financial Position Analysis
Short Term Liabilities: 300617's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥694.2M).
Long Term Liabilities: 300617's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥222.4M).
Debt to Equity History and Analysis
Debt Level: 300617 has more cash than its total debt.
Reducing Debt: 300617's debt to equity ratio has reduced from 12.4% to 11.8% over the past 5 years.
Debt Coverage: 300617's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 300617 earns more interest than it pays, so coverage of interest payments is not a concern.