Jiangsu Maysta Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Maysta Chemical has a total shareholder equity of CN¥1.5B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥1.8B and CN¥279.7M respectively. Jiangsu Maysta Chemical's EBIT is CN¥115.2M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥658.5M.
Key information
1.3%
Debt to equity ratio
CN¥20.01m
Debt
| Interest coverage ratio | -6.7x |
| Cash | CN¥658.51m |
| Equity | CN¥1.48b |
| Total liabilities | CN¥279.71m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Jiangsu Maysta Chemical's (SHSE:603041) Performance
Aug 30
Jiangsu Maysta Chemical (SHSE:603041) Will Pay A Larger Dividend Than Last Year At CN¥0.20
Jun 07Investors Will Want Jiangsu Maysta Chemical's (SHSE:603041) Growth In ROCE To Persist
Jun 05Jiangsu Maysta Chemical Co., Ltd.'s (SHSE:603041) Price Is Right But Growth Is Lacking
Feb 28Financial Position Analysis
Short Term Liabilities: 603041's short term assets (CN¥986.6M) exceed its short term liabilities (CN¥274.8M).
Long Term Liabilities: 603041's short term assets (CN¥986.6M) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 603041 has more cash than its total debt.
Reducing Debt: 603041's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 603041's debt is well covered by operating cash flow (203.7%).
Interest Coverage: 603041 earns more interest than it pays, so coverage of interest payments is not a concern.