Jiangsu Skyray Instrument Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Skyray Instrument has a total shareholder equity of CN¥1.5B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are CN¥3.7B and CN¥2.1B respectively.
Key information
96.8%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥263.90m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥2.11b |
| Total assets | CN¥3.65b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) 28% Share Price Plunge
Apr 17
Returns On Capital At Jiangsu Skyray Instrument (SZSE:300165) Paint A Concerning Picture
Apr 15Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) Business And Shares Still Trailing The Industry
Feb 27Financial Position Analysis
Short Term Liabilities: 300165's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥891.8M).
Long Term Liabilities: 300165's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300165's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: 300165's debt to equity ratio has increased from 3.8% to 96.8% over the past 5 years.
Debt Coverage: 300165's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300165's interest payments on its debt are well covered by EBIT.