Jiangsu Skyray Instrument Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Skyray Instrument has a total shareholder equity of CN¥1.4B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are CN¥3.6B and CN¥2.2B respectively.
Key information
96.2%
Debt to equity ratio
CN¥1.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥116.07m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥3.63b |
Recent financial health updates
No updates
Recent updates
Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Shares Fly 40% But Investors Aren't Buying For Growth
Sep 30
Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Held Back By Insufficient Growth Even After Shares Climb 30%
Aug 15Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Not Doing Enough For Some Investors As Its Shares Slump 30%
Jun 04Why Investors Shouldn't Be Surprised By Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) 28% Share Price Plunge
Apr 17Returns 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¥3.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300165's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300165's net debt to equity ratio (88%) is considered high.
Reducing Debt: 300165's debt to equity ratio has increased from 4.5% to 96.2% over the past 5 years.
Debt Coverage: 300165's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: Insufficient data to determine if 300165's interest payments on its debt are well covered by EBIT.