Jiangxi First Hydraulic Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi First Hydraulic has a total shareholder equity of CN¥1.1B and total debt of CN¥7.9M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.3B and CN¥187.6M respectively. Jiangxi First Hydraulic's EBIT is CN¥63.4M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥626.2M.
Key information
0.7%
Debt to equity ratio
CN¥7.95m
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥626.25m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥187.63m |
| Total assets | CN¥1.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301446's short term assets (CN¥914.0M) exceed its short term liabilities (CN¥103.0M).
Long Term Liabilities: 301446's short term assets (CN¥914.0M) exceed its long term liabilities (CN¥84.7M).
Debt to Equity History and Analysis
Debt Level: 301446 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301446's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301446's debt is well covered by operating cash flow (1313.8%).
Interest Coverage: 301446 earns more interest than it pays, so coverage of interest payments is not a concern.