Jiangsu Jingxue Insulation TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Jingxue Insulation TechnologyLtd has a total shareholder equity of CN¥831.7M and total debt of CN¥55.2M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥1.8B and CN¥983.8M respectively. Jiangsu Jingxue Insulation TechnologyLtd's EBIT is CN¥56.4M making its interest coverage ratio 38. It has cash and short-term investments of CN¥243.1M.
Key information
6.6%
Debt to equity ratio
CN¥55.22m
Debt
| Interest coverage ratio | 38x |
| Cash | CN¥243.14m |
| Equity | CN¥831.70m |
| Total liabilities | CN¥983.78m |
| Total assets | CN¥1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301010's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥943.4M).
Long Term Liabilities: 301010's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥40.4M).
Debt to Equity History and Analysis
Debt Level: 301010 has more cash than its total debt.
Reducing Debt: 301010's debt to equity ratio has reduced from 11.3% to 6.6% over the past 5 years.
Debt Coverage: 301010's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 301010's interest payments on its debt are well covered by EBIT (38x coverage).