Jiangyin Electrical AlloyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangyin Electrical AlloyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥363.9M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥1.7B and CN¥658.0M respectively. Jiangyin Electrical AlloyLtd's EBIT is CN¥155.2M making its interest coverage ratio 30.8. It has cash and short-term investments of CN¥295.3M.
Key information
33.8%
Debt to equity ratio
CN¥363.90m
Debt
| Interest coverage ratio | 30.8x |
| Cash | CN¥295.28m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥658.01m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Recent updates
Jiangyin Electrical Alloy Co.,Ltd's (SZSE:300697) 25% Share Price Surge Not Quite Adding Up
May 21
Jiangyin Electrical AlloyLtd (SZSE:300697) Is Increasing Its Dividend To CN¥0.20
May 10Calculating The Intrinsic Value Of Jiangyin Electrical Alloy Co.,Ltd (SZSE:300697)
Apr 23Do Jiangyin Electrical AlloyLtd's (SZSE:300697) Earnings Warrant Your Attention?
Apr 04Jiangyin Electrical Alloy Co.,Ltd (SZSE:300697) Stock Catapults 45% Though Its Price And Business Still Lag The Market
Mar 07Jiangyin Electrical AlloyLtd (SZSE:300697) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Financial Position Analysis
Short Term Liabilities: 300697's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥640.9M).
Long Term Liabilities: 300697's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥17.1M).
Debt to Equity History and Analysis
Debt Level: 300697's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 300697's debt to equity ratio has reduced from 47.9% to 33.8% over the past 5 years.
Debt Coverage: 300697's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 300697's interest payments on its debt are well covered by EBIT (30.8x coverage).