J-Yuan Trust Balance Sheet Health
Financial Health criteria checks 5/6
J-Yuan Trust has a total shareholder equity of CN¥13.8B and total debt of CN¥3.7M, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CN¥22.3B and CN¥8.5B respectively. J-Yuan Trust's EBIT is CN¥216.9M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥11.9B.
Key information
0.03%
Debt to equity ratio
CN¥3.74m
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥11.90b |
Equity | CN¥13.81b |
Total liabilities | CN¥8.48b |
Total assets | CN¥22.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600816's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 600816's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 600816 has more cash than its total debt.
Reducing Debt: 600816's debt to equity ratio has reduced from 19.7% to 0.03% over the past 5 years.
Debt Coverage: 600816's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600816 earns more interest than it pays, so coverage of interest payments is not a concern.