Jiangsu Longda Superalloy Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Longda Superalloy has a total shareholder equity of CN¥2.7B and total debt of CN¥467.4M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥3.6B and CN¥847.6M respectively.
Key information
17.1%
Debt to equity ratio
CN¥467.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥283.37m |
| Equity | CN¥2.74b |
| Total liabilities | CN¥847.59m |
| Total assets | CN¥3.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688231's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥685.4M).
Long Term Liabilities: 688231's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥162.2M).
Debt to Equity History and Analysis
Debt Level: 688231's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 688231's debt to equity ratio has reduced from 125.9% to 17.1% over the past 5 years.
Debt Coverage: 688231's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688231's interest payments on its debt are well covered by EBIT.