Jiugui Liquor Balance Sheet Health
Financial Health criteria checks 6/6
Jiugui Liquor has a total shareholder equity of CN¥4.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.7B and CN¥1.4B respectively. Jiugui Liquor's EBIT is CN¥613.6M making its interest coverage ratio -6. It has cash and short-term investments of CN¥2.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6x |
| Cash | CN¥2.36b |
| Equity | CN¥4.28b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥5.67b |
Financial Position Analysis
Short Term Liabilities: 000799's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000799's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥38.3M).
Debt to Equity History and Analysis
Debt Level: 000799 is debt free.
Reducing Debt: 000799 had no debt 5 years ago.
Debt Coverage: 000799 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000799 has no debt, therefore coverage of interest payments is not a concern.