Jinling Hotel Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Jinling Hotel has a total shareholder equity of CN¥2.4B and total debt of CN¥171.1M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥4.0B and CN¥1.6B respectively. Jinling Hotel's EBIT is CN¥155.7M making its interest coverage ratio 15.1. It has cash and short-term investments of CN¥992.3M.
Key information
7.1%
Debt to equity ratio
CN¥171.10m
Debt
| Interest coverage ratio | 15.1x |
| Cash | CN¥992.33m |
| Equity | CN¥2.40b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥4.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601007's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 601007's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥354.2M).
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 15.4% to 7.1% over the past 5 years.
Debt Coverage: 601007's debt is well covered by operating cash flow (143%).
Interest Coverage: 601007's interest payments on its debt are well covered by EBIT (15.1x coverage).