Jiangsu Huayang Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Huayang Intelligent EquipmentLtd has a total shareholder equity of CN¥817.5M and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥1.0B and CN¥223.8M respectively. Jiangsu Huayang Intelligent EquipmentLtd's EBIT is CN¥32.6M making its interest coverage ratio -190.3. It has cash and short-term investments of CN¥298.9M.
Key information
4.9%
Debt to equity ratio
CN¥40.03m
Debt
| Interest coverage ratio | -190.3x |
| Cash | CN¥298.88m |
| Equity | CN¥817.52m |
| Total liabilities | CN¥223.80m |
| Total assets | CN¥1.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301502's short term assets (CN¥694.8M) exceed its short term liabilities (CN¥218.8M).
Long Term Liabilities: 301502's short term assets (CN¥694.8M) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 301502 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301502's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301502's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 301502 earns more interest than it pays, so coverage of interest payments is not a concern.