Sichuan Injet Electric Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Injet Electric has a total shareholder equity of CN¥2.4B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥4.0B and CN¥1.6B respectively. Sichuan Injet Electric's EBIT is CN¥533.0M making its interest coverage ratio -39.7. It has cash and short-term investments of CN¥951.4M.
Key information
0.8%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | -39.7x |
| Cash | CN¥951.36m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥1.56b |
| Total assets | CN¥3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300820's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300820's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 300820 has more cash than its total debt.
Reducing Debt: 300820's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 300820's debt is well covered by operating cash flow (2652.9%).
Interest Coverage: 300820 earns more interest than it pays, so coverage of interest payments is not a concern.