Jiang Su Yida ChemicalLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jiang Su Yida ChemicalLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.3B respectively. Jiang Su Yida ChemicalLtd's EBIT is CN¥19.1M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥136.8M.
Key information
84.3%
Debt to equity ratio
CN¥1.06b
Debt
Interest coverage ratio | 0.4x |
Cash | CN¥136.82m |
Equity | CN¥1.25b |
Total liabilities | CN¥1.34b |
Total assets | CN¥2.60b |
Financial Position Analysis
Short Term Liabilities: 300721's short term assets (CN¥720.1M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300721's short term assets (CN¥720.1M) exceed its long term liabilities (CN¥51.8M).
Debt to Equity History and Analysis
Debt Level: 300721's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: 300721's debt to equity ratio has increased from 37.2% to 84.3% over the past 5 years.
Debt Coverage: 300721's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 300721's interest payments on its debt are not well covered by EBIT (0.4x coverage).