Jiangsu Haili Wind Power Equipment Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Haili Wind Power Equipment Technology has a total shareholder equity of CN¥5.7B and total debt of CN¥455.2M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥8.0B and CN¥2.3B respectively.
Key information
8.0%
Debt to equity ratio
CN¥455.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥602.58m |
| Equity | CN¥5.70b |
| Total liabilities | CN¥2.28b |
| Total assets | CN¥7.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301155's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 301155's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥77.4M).
Debt to Equity History and Analysis
Debt Level: 301155 has more cash than its total debt.
Reducing Debt: 301155's debt to equity ratio has reduced from 90.9% to 8% over the past 5 years.
Debt Coverage: 301155's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301155's interest payments on its debt are well covered by EBIT.