Guangzhou Jet Bio-Filtration Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Jet Bio-Filtration has a total shareholder equity of CN¥1.2B and total debt of CN¥338.0M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥1.6B and CN¥468.5M respectively. Guangzhou Jet Bio-Filtration's EBIT is CN¥41.2M making its interest coverage ratio 4. It has cash and short-term investments of CN¥539.1M.
Key information
29.2%
Debt to equity ratio
CN¥337.97m
Debt
Interest coverage ratio | 4x |
Cash | CN¥539.13m |
Equity | CN¥1.16b |
Total liabilities | CN¥468.46m |
Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Guangzhou Jet Bio-Filtration's (SHSE:688026) Soft Earnings Are Actually Better Than They Appear
Apr 26Analysts Just Slashed Their Guangzhou Jet Bio-Filtration Co., Ltd. (SHSE:688026) EPS Numbers
Apr 25After Leaping 33% Guangzhou Jet Bio-Filtration Co., Ltd. (SHSE:688026) Shares Are Not Flying Under The Radar
Mar 08Financial Position Analysis
Short Term Liabilities: 688026's short term assets (CN¥770.9M) exceed its short term liabilities (CN¥103.4M).
Long Term Liabilities: 688026's short term assets (CN¥770.9M) exceed its long term liabilities (CN¥365.1M).
Debt to Equity History and Analysis
Debt Level: 688026 has more cash than its total debt.
Reducing Debt: 688026's debt to equity ratio has increased from 0% to 29.2% over the past 5 years.
Debt Coverage: 688026's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 688026's interest payments on its debt are well covered by EBIT (4x coverage).