Jinlongyu Group Balance Sheet Health
Financial Health criteria checks 5/6
Jinlongyu Group has a total shareholder equity of CN¥2.1B and total debt of CN¥592.4M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.2B respectively. Jinlongyu Group's EBIT is CN¥193.2M making its interest coverage ratio 19. It has cash and short-term investments of CN¥514.3M.
Key information
28.3%
Debt to equity ratio
CN¥592.42m
Debt
| Interest coverage ratio | 19x |
| Cash | CN¥514.30m |
| Equity | CN¥2.10b |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002882's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002882's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥26.9M).
Debt to Equity History and Analysis
Debt Level: 002882's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 002882's debt to equity ratio has reduced from 31.5% to 28.3% over the past 5 years.
Debt Coverage: 002882's debt is not well covered by operating cash flow (7%).
Interest Coverage: 002882's interest payments on its debt are well covered by EBIT (19x coverage).