Jinling Hotel Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Jinling Hotel has a total shareholder equity of CN¥2.4B and total debt of CN¥179.9M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥3.7B and CN¥1.3B respectively. Jinling Hotel's EBIT is CN¥135.9M making its interest coverage ratio 40.2. It has cash and short-term investments of CN¥647.3M.
Key information
7.6%
Debt to equity ratio
CN¥179.86m
Debt
| Interest coverage ratio | 40.2x |
| Cash | CN¥647.33m |
| Equity | CN¥2.38b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥3.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601007's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 601007's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥331.8M).
Debt to Equity History and Analysis
Debt Level: 601007 has more cash than its total debt.
Reducing Debt: 601007's debt to equity ratio has reduced from 13.6% to 7.6% over the past 5 years.
Debt Coverage: 601007's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 601007's interest payments on its debt are well covered by EBIT (40.2x coverage).