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¥23.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥4.3B and CN¥1.1B respectively. JINHUI LIQUOR's EBIT is CN¥453.8M making its interest coverage ratio -21.5. It has cash and short-term investments of CN¥771.3M.
Key information
0.7%
Debt to equity ratio
CN¥23.46m
Debt
| Interest coverage ratio | -21.5x |
| Cash | CN¥771.26m |
| Equity | CN¥3.26b |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥4.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603919's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603919's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥45.2M).
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 6.4% to 0.7% over the past 5 years.
Debt Coverage: 603919's debt is well covered by operating cash flow (2361.7%).
Interest Coverage: 603919 earns more interest than it pays, so coverage of interest payments is not a concern.