Jinglv Environment Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jinglv Environment Science and Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥347.5M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥3.1B and CN¥1.2B respectively. Jinglv Environment Science and Technology's EBIT is CN¥194.3M making its interest coverage ratio 8. It has cash and short-term investments of CN¥747.3M.
Key information
18.2%
Debt to equity ratio
CN¥347.50m
Debt
| Interest coverage ratio | 8x |
| Cash | CN¥747.29m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥3.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001230's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥485.6M).
Long Term Liabilities: 001230's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥689.2M).
Debt to Equity History and Analysis
Debt Level: 001230 has more cash than its total debt.
Reducing Debt: 001230's debt to equity ratio has reduced from 252.4% to 18.2% over the past 5 years.
Debt Coverage: 001230's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 001230's interest payments on its debt are well covered by EBIT (8x coverage).