Sichuan Injet Electric Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Injet Electric has a total shareholder equity of CN¥2.3B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥4.0B and CN¥1.7B respectively. Sichuan Injet Electric's EBIT is CN¥520.5M making its interest coverage ratio -42.6. It has cash and short-term investments of CN¥778.2M.
Key information
0.9%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | -42.6x |
| Cash | CN¥778.21m |
| Equity | CN¥2.27b |
| Total liabilities | CN¥1.75b |
| Total assets | CN¥4.02b |
Recent financial health updates
Recent updates
Benign Growth For Sichuan Injet Electric Co., Ltd. (SZSE:300820) Underpins Its Share Price
Jun 25
Is Sichuan Injet Electric Co., Ltd. (SZSE:300820) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 10Solid Earnings May Not Tell The Whole Story For Sichuan Injet Electric (SZSE:300820)
May 01Market Might Still Lack Some Conviction On Sichuan Injet Electric Co., Ltd. (SZSE:300820) Even After 26% Share Price Boost
Mar 01These 4 Measures Indicate That Sichuan Injet Electric (SZSE:300820) Is Using Debt Reasonably Well
Feb 27Financial Position Analysis
Short Term Liabilities: 300820's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300820's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 300820 has more cash than its total debt.
Reducing Debt: 300820's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: 300820's debt is well covered by operating cash flow (1197.5%).
Interest Coverage: 300820 earns more interest than it pays, so coverage of interest payments is not a concern.