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¥239.3M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥3.7B and CN¥901.3M respectively. Jiangsu Ankura Intelligent Power's EBIT is CN¥166.3M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥1.4B.
Key information
8.5%
Debt to equity ratio
CN¥239.31m
Debt
Interest coverage ratio | -5.6x |
Cash | CN¥1.39b |
Equity | CN¥2.81b |
Total liabilities | CN¥901.31m |
Total assets | CN¥3.71b |
Recent financial health updates
Recent updates
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¥827.9M).
Long Term Liabilities: 300617's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥73.5M).
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 13.3% to 8.5% over the past 5 years.
Debt Coverage: 300617's debt is well covered by operating cash flow (53.8%).
Interest Coverage: 300617 earns more interest than it pays, so coverage of interest payments is not a concern.