Jiangsu King's Luck Brewery Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu King's Luck Brewery has a total shareholder equity of CN¥14.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥22.4B and CN¥7.6B respectively. Jiangsu King's Luck Brewery's EBIT is CN¥4.2B making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥8.4B.
Key information
7.4%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥8.42b |
| Equity | CN¥14.82b |
| Total liabilities | CN¥7.57b |
| Total assets | CN¥22.39b |
Recent financial health updates
Jiangsu King's Luck Brewery Ltd (SHSE:603369) Could Easily Take On More Debt
Jul 12
Is Jiangsu King's Luck Brewery Ltd (SHSE:603369) A Risky Investment?
Mar 14Recent updates
Is Now The Time To Put Jiangsu King's Luck Brewery Ltd (SHSE:603369) On Your Watchlist?
Jul 28Jiangsu King's Luck Brewery Ltd (SHSE:603369) Could Easily Take On More Debt
Jul 12Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.'s (SHSE:603369) Low P/E No Reason For Excitement
Jun 23Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Paying Out A Larger Dividend Than Last Year
Jun 07Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Shares Could Be 41% Below Their Intrinsic Value Estimate
May 24We Think That There Are Some Issues For Jiangsu King's Luck Brewery Ltd (SHSE:603369) Beyond Its Promising Earnings
May 06Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 02Here's Why We Think Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Well Worth Watching
Mar 29Is Jiangsu King's Luck Brewery Ltd (SHSE:603369) A Risky Investment?
Mar 14Financial Position Analysis
Short Term Liabilities: 603369's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 603369's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥201.5M).
Debt to Equity History and Analysis
Debt Level: 603369 has more cash than its total debt.
Reducing Debt: 603369's debt to equity ratio has increased from 0.3% to 7.4% over the past 5 years.
Debt Coverage: 603369's debt is well covered by operating cash flow (264.1%).
Interest Coverage: 603369 earns more interest than it pays, so coverage of interest payments is not a concern.