Jilin Chemical Fibre StockLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jilin Chemical Fibre StockLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are CN¥10.9B and CN¥6.5B respectively. Jilin Chemical Fibre StockLtd's EBIT is CN¥269.5M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥728.0M.
Key information
82.9%
Debt to equity ratio
CN¥3.63b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥727.96m |
| Equity | CN¥4.39b |
| Total liabilities | CN¥6.47b |
| Total assets | CN¥10.85b |
Recent financial health updates
Recent updates
Jilin Chemical Fibre StockLtd (SZSE:000420) Will Want To Turn Around Its Return Trends
Jul 30
We Think Jilin Chemical Fibre StockLtd (SZSE:000420) Is Taking Some Risk With Its Debt
May 27We Think Jilin Chemical Fibre StockLtd's (SZSE:000420) Robust Earnings Are Conservative
May 05Here's What's Concerning About Jilin Chemical Fibre StockLtd's (SZSE:000420) Returns On Capital
Apr 17Investors Still Aren't Entirely Convinced By Jilin Chemical Fibre Stock Co.,Ltd's (SZSE:000420) Revenues Despite 30% Price Jump
Mar 21Financial Position Analysis
Short Term Liabilities: 000420's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 000420's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000420's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: 000420's debt to equity ratio has increased from 67% to 82.9% over the past 5 years.
Debt Coverage: 000420's debt is not well covered by operating cash flow (11%).
Interest Coverage: 000420's interest payments on its debt are not well covered by EBIT (1.2x coverage).