Jiangsu Hengshun Vinegar-IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Hengshun Vinegar-IndustryLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.1B and CN¥791.0M respectively. Jiangsu Hengshun Vinegar-IndustryLtd's EBIT is CN¥76.3M making its interest coverage ratio -23.6. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -23.6x |
| Cash | CN¥1.16b |
| Equity | CN¥3.36b |
| Total liabilities | CN¥790.96m |
| Total assets | CN¥4.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600305's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥664.8M).
Long Term Liabilities: 600305's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥126.2M).
Debt to Equity History and Analysis
Debt Level: 600305 is debt free.
Reducing Debt: 600305 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 600305 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600305 has no debt, therefore coverage of interest payments is not a concern.