Jiangsu Ankura Intelligent Power Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Ankura Intelligent Power has a total shareholder equity of CN¥2.8B and total debt of CN¥273.7M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥3.7B and CN¥840.1M respectively. Jiangsu Ankura Intelligent Power's EBIT is CN¥155.5M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥1.6B.
Key information
9.7%
Debt to equity ratio
CN¥273.73m
Debt
| Interest coverage ratio | -7.4x |
| Cash | CN¥1.63b |
| Equity | CN¥2.82b |
| Total liabilities | CN¥840.11m |
| Total assets | CN¥3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300617's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥767.4M).
Long Term Liabilities: 300617's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥72.7M).
Debt to Equity History and Analysis
Debt Level: 300617 has more cash than its total debt.
Reducing Debt: 300617's debt to equity ratio has reduced from 13.9% to 9.7% over the past 5 years.
Debt Coverage: 300617's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 300617 earns more interest than it pays, so coverage of interest payments is not a concern.