Hainan Jingliang Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Jingliang Holdings has a total shareholder equity of CN¥3.6B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥6.5B and CN¥2.9B respectively.
Key information
56.4%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.45b |
| Equity | CN¥3.58b |
| Total liabilities | CN¥2.92b |
| Total assets | CN¥6.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000505's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000505's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥887.3M).
Debt to Equity History and Analysis
Debt Level: 000505's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 000505's debt to equity ratio has increased from 51.7% to 56.4% over the past 5 years.
Debt Coverage: 000505's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: Insufficient data to determine if 000505's interest payments on its debt are well covered by EBIT.