Hefei Jianghang Aircraft EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hefei Jianghang Aircraft EquipmentLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.6B and CN¥1.0B respectively. Hefei Jianghang Aircraft EquipmentLtd's EBIT is CN¥182.0M making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -11.8x |
Cash | CN¥1.42b |
Equity | CN¥2.54b |
Total liabilities | CN¥1.03b |
Total assets | CN¥3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥773.3M).
Long Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥253.8M).
Debt to Equity History and Analysis
Debt Level: 688586 is debt free.
Reducing Debt: 688586 has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
Debt Coverage: 688586 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688586 has no debt, therefore coverage of interest payments is not a concern.