Hainan Jingliang Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hainan Jingliang Holdings has a total shareholder equity of CN¥3.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are CN¥6.8B and CN¥3.3B respectively. Hainan Jingliang Holdings's EBIT is CN¥156.9M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥1.3B.
Key information
58.0%
Debt to equity ratio
CN¥2.06b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥1.28b |
| Equity | CN¥3.55b |
| Total liabilities | CN¥3.27b |
| Total assets | CN¥6.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200505's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 200505's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 200505's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: 200505's debt to equity ratio has increased from 38.8% to 58% over the past 5 years.
Debt Coverage: 200505's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 200505's interest payments on its debt are well covered by EBIT (3.8x coverage).