Jinfa Labi Maternity & Baby Articles Balance Sheet Health
Financial Health criteria checks 4/6
Jinfa Labi Maternity & Baby Articles has a total shareholder equity of CN¥834.3M and total debt of CN¥4.2M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥897.9M and CN¥63.6M respectively.
Key information
0.5%
Debt to equity ratio
CN¥4.19m
Debt
Interest coverage ratio | n/a |
Cash | CN¥231.90m |
Equity | CN¥834.32m |
Total liabilities | CN¥63.56m |
Total assets | CN¥897.88m |
Financial Position Analysis
Short Term Liabilities: 002762's short term assets (CN¥351.3M) exceed its short term liabilities (CN¥58.1M).
Long Term Liabilities: 002762's short term assets (CN¥351.3M) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 002762 has more cash than its total debt.
Reducing Debt: 002762's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 002762's debt is well covered by operating cash flow (561.8%).
Interest Coverage: Insufficient data to determine if 002762's interest payments on its debt are well covered by EBIT.