JiaoZuo WanFang Aluminum Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
JiaoZuo WanFang Aluminum Manufacturing has a total shareholder equity of CN¥5.9B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥8.1B and CN¥2.1B respectively. JiaoZuo WanFang Aluminum Manufacturing's EBIT is CN¥657.5M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥1.6B.
Key information
16.9%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥1.61b |
| Equity | CN¥5.95b |
| Total liabilities | CN¥2.12b |
| Total assets | CN¥8.07b |
Recent financial health updates
Recent updates
We Think JiaoZuo WanFang Aluminum Manufacturing's (SZSE:000612) Robust Earnings Are Conservative
May 06
Is JiaoZuo WanFang Aluminum Manufacturing (SZSE:000612) Using Too Much Debt?
Apr 19Improved Earnings Required Before JiaoZuo WanFang Aluminum Manufacturing Co., Ltd (SZSE:000612) Stock's 26% Jump Looks Justified
Mar 29Returns On Capital Are Showing Encouraging Signs At JiaoZuo WanFang Aluminum Manufacturing (SZSE:000612)
Mar 12Financial Position Analysis
Short Term Liabilities: 000612's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 000612's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥188.4M).
Debt to Equity History and Analysis
Debt Level: 000612 has more cash than its total debt.
Reducing Debt: 000612's debt to equity ratio has reduced from 53.8% to 16.9% over the past 5 years.
Debt Coverage: 000612's debt is well covered by operating cash flow (143.5%).
Interest Coverage: 000612 earns more interest than it pays, so coverage of interest payments is not a concern.