JINHUI LIQUOR Balance Sheet Health
Financial Health criteria checks 6/6
JINHUI LIQUOR has a total shareholder equity of CN¥3.3B and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥4.3B and CN¥971.5M respectively. JINHUI LIQUOR's EBIT is CN¥428.0M making its interest coverage ratio -19.1. It has cash and short-term investments of CN¥958.0M.
Key information
0.4%
Debt to equity ratio
CN¥12.00m
Debt
Interest coverage ratio | -19.1x |
Cash | CN¥958.05m |
Equity | CN¥3.34b |
Total liabilities | CN¥971.51m |
Total assets | CN¥4.31b |
Recent financial health updates
Recent updates
Is JINHUI LIQUOR (SHSE:603919) A Risky Investment?
Sep 08Estimating The Fair Value Of JINHUI LIQUOR Co.,Ltd. (SHSE:603919)
Jun 26Some Shareholders Feeling Restless Over JINHUI LIQUOR Co.,Ltd.'s (SHSE:603919) P/E Ratio
Jun 07JINHUI LIQUORLtd (SHSE:603919) Is Increasing Its Dividend To CN¥0.389
May 21The Returns On Capital At JINHUI LIQUORLtd (SHSE:603919) Don't Inspire Confidence
Apr 09JINHUI LIQUOR Co.,Ltd. Just Missed EPS By 9.4%: Here's What Analysts Think Will Happen Next
Mar 19Financial Position Analysis
Short Term Liabilities: 603919's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥924.7M).
Long Term Liabilities: 603919's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥46.8M).
Debt to Equity History and Analysis
Debt Level: 603919 has more cash than its total debt.
Reducing Debt: 603919's debt to equity ratio has reduced from 9.8% to 0.4% over the past 5 years.
Debt Coverage: 603919's debt is well covered by operating cash flow (3695.8%).
Interest Coverage: 603919 earns more interest than it pays, so coverage of interest payments is not a concern.