Guangzhou Jet Bio-Filtration Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Jet Bio-Filtration has a total shareholder equity of CN¥1.2B and total debt of CN¥355.8M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥1.6B and CN¥461.6M respectively. Guangzhou Jet Bio-Filtration's EBIT is CN¥98.6M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥467.1M.
Key information
30.4%
Debt to equity ratio
CN¥355.78m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥467.05m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥461.59m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688026's short term assets (CN¥765.0M) exceed its short term liabilities (CN¥83.8M).
Long Term Liabilities: 688026's short term assets (CN¥765.0M) exceed its long term liabilities (CN¥377.8M).
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 30.4% over the past 5 years.
Debt Coverage: 688026's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 688026's interest payments on its debt are well covered by EBIT (7.4x coverage).