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¥6.6B and CN¥1.4B respectively. Jiangsu HuaxicunLtd's EBIT is CN¥91.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥734.5M.
Key information
20.2%
Debt to equity ratio
CN¥1.05b
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥734.51m |
| Equity | CN¥5.20b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥6.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000936's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 000936's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥46.1M).
Debt to Equity History and Analysis
Debt Level: 000936's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 000936's debt to equity ratio has reduced from 58.7% to 20.2% over the past 5 years.
Debt Coverage: 000936's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000936 earns more interest than it pays, so coverage of interest payments is not a concern.