Juli Sling Balance Sheet Health
Financial Health criteria checks 2/6
Juli Sling has a total shareholder equity of CN¥2.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are CN¥5.1B and CN¥2.7B respectively. Juli Sling's EBIT is CN¥41.4M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥538.2M.
Key information
62.9%
Debt to equity ratio
CN¥1.55b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥538.19m |
| Equity | CN¥2.47b |
| Total liabilities | CN¥2.66b |
| Total assets | CN¥5.13b |
Financial Position Analysis
Short Term Liabilities: 002342's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002342's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥721.1M).
Debt to Equity History and Analysis
Debt Level: 002342's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: 002342's debt to equity ratio has increased from 35.2% to 62.9% over the past 5 years.
Debt Coverage: 002342's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: 002342's interest payments on its debt are not well covered by EBIT (0.8x coverage).