Jiangsu Huayang Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Huayang Intelligent EquipmentLtd has a total shareholder equity of CN¥829.4M and total debt of CN¥45.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥1.1B and CN¥224.8M respectively. Jiangsu Huayang Intelligent EquipmentLtd's EBIT is CN¥57.8M making its interest coverage ratio 65.6. It has cash and short-term investments of CN¥370.4M.
Key information
5.4%
Debt to equity ratio
CN¥45.03m
Debt
Interest coverage ratio | 65.6x |
Cash | CN¥370.44m |
Equity | CN¥829.37m |
Total liabilities | CN¥224.78m |
Total assets | CN¥1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301502's short term assets (CN¥767.5M) exceed its short term liabilities (CN¥219.9M).
Long Term Liabilities: 301502's short term assets (CN¥767.5M) exceed its long term liabilities (CN¥4.8M).
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 (107.7%).
Interest Coverage: 301502's interest payments on its debt are well covered by EBIT (65.6x coverage).