Jiangsu HuaxicunLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu HuaxicunLtd has a total shareholder equity of CN¥5.2B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥6.5B and CN¥1.3B respectively. Jiangsu HuaxicunLtd's EBIT is CN¥63.6M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥881.8M.
Key information
20.2%
Debt to equity ratio
CN¥1.04b
Debt
Interest coverage ratio | -4.2x |
Cash | CN¥881.81m |
Equity | CN¥5.16b |
Total liabilities | CN¥1.31b |
Total assets | CN¥6.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000936's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 000936's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 000936's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 000936's debt to equity ratio has reduced from 67.9% to 20.2% over the past 5 years.
Debt Coverage: 000936's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 000936 earns more interest than it pays, so coverage of interest payments is not a concern.