Sichuan Jiuzhou Electronic Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Jiuzhou Electronic has a total shareholder equity of CN¥3.3B and total debt of CN¥815.1M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CN¥6.7B and CN¥3.4B respectively. Sichuan Jiuzhou Electronic's EBIT is CN¥165.2M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥1.3B.
Key information
24.7%
Debt to equity ratio
CN¥815.06m
Debt
Interest coverage ratio | -5.3x |
Cash | CN¥1.32b |
Equity | CN¥3.30b |
Total liabilities | CN¥3.45b |
Total assets | CN¥6.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000801's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 000801's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥315.9M).
Debt to Equity History and Analysis
Debt Level: 000801 has more cash than its total debt.
Reducing Debt: 000801's debt to equity ratio has reduced from 38.3% to 24.7% over the past 5 years.
Debt Coverage: 000801's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 000801 earns more interest than it pays, so coverage of interest payments is not a concern.