Shanghai Jinjiang International Travel Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Jinjiang International Travel has a total shareholder equity of CN¥955.0M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.5B and CN¥543.3M respectively.
Key information
2.1%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥112.66m |
| Equity | CN¥955.04m |
| Total liabilities | CN¥543.27m |
| Total assets | CN¥1.50b |
Financial Position Analysis
Short Term Liabilities: 900929's short term assets (CN¥452.6M) exceed its short term liabilities (CN¥382.4M).
Long Term Liabilities: 900929's short term assets (CN¥452.6M) exceed its long term liabilities (CN¥160.9M).
Debt to Equity History and Analysis
Debt Level: 900929 has more cash than its total debt.
Reducing Debt: 900929's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: 900929's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 900929's interest payments on its debt are well covered by EBIT.