Jiangsu Daybright Intelligent ElectricLTD Balance Sheet Health
Financial Health criteria checks 1/6
Jiangsu Daybright Intelligent ElectricLTD has a total shareholder equity of CN¥736.0M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 138.7%. Its total assets and total liabilities are CN¥2.2B and CN¥1.5B respectively.
Key information
138.7%
Debt to equity ratio
CN¥1.02b
Debt
Interest coverage ratio | n/a |
Cash | CN¥33.04m |
Equity | CN¥735.99m |
Total liabilities | CN¥1.49b |
Total assets | CN¥2.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300670's short term assets (CN¥640.5M) do not cover its short term liabilities (CN¥963.6M).
Long Term Liabilities: 300670's short term assets (CN¥640.5M) exceed its long term liabilities (CN¥522.7M).
Debt to Equity History and Analysis
Debt Level: 300670's net debt to equity ratio (134.2%) is considered high.
Reducing Debt: 300670's debt to equity ratio has increased from 0% to 138.7% over the past 5 years.
Debt Coverage: 300670's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: Insufficient data to determine if 300670's interest payments on its debt are well covered by EBIT.