Shaanxi Jinye Science Technology and Education GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shaanxi Jinye Science Technology and Education GroupLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are CN¥5.3B and CN¥3.4B respectively. Shaanxi Jinye Science Technology and Education GroupLtd's EBIT is CN¥181.5M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥303.2M.
Key information
84.3%
Debt to equity ratio
CN¥1.59b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥303.19m |
| Equity | CN¥1.88b |
| Total liabilities | CN¥3.42b |
| Total assets | CN¥5.31b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Shaanxi Jinye Science Technology and Education Group Co.,Ltd (SZSE:000812) After Shares Rise 27%
Nov 17
Shaanxi Jinye Science Technology and Education Group Co.,Ltd's (SZSE:000812) Business Is Yet to Catch Up With Its Share Price
Jul 03Some May Be Optimistic About Shaanxi Jinye Science Technology and Education GroupLtd's (SZSE:000812) Earnings
May 02Shaanxi Jinye Science Technology and Education GroupLtd (SZSE:000812) Has Some Way To Go To Become A Multi-Bagger
Apr 17Financial Position Analysis
Short Term Liabilities: 000812's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000812's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥863.3M).
Debt to Equity History and Analysis
Debt Level: 000812's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 000812's debt to equity ratio has increased from 56.5% to 84.3% over the past 5 years.
Debt Coverage: 000812's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 000812's interest payments on its debt are not well covered by EBIT (2.5x coverage).