JiangSu Jinji IndustrialLtd Balance Sheet Health
Financial Health criteria checks 4/6
JiangSu Jinji IndustrialLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥285.9M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CN¥2.4B and CN¥689.3M respectively. JiangSu Jinji IndustrialLtd's EBIT is CN¥36.3M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥387.3M.
Key information
16.4%
Debt to equity ratio
CN¥285.94m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥387.31m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥689.32m |
| Total assets | CN¥2.43b |
Recent financial health updates
Recent updates
JiangSu Jinji IndustrialLtd (SZSE:300798) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 30
Be Wary Of JiangSu Jinji IndustrialLtd (SZSE:300798) And Its Returns On Capital
Apr 15What JiangSu Jinji Industrial Co.,Ltd.'s (SZSE:300798) 33% Share Price Gain Is Not Telling You
Mar 18Here's Why JiangSu Jinji IndustrialLtd (SZSE:300798) Can Manage Its Debt Responsibly
Feb 27Financial Position Analysis
Short Term Liabilities: 300798's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥508.7M).
Long Term Liabilities: 300798's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥180.6M).
Debt to Equity History and Analysis
Debt Level: 300798 has more cash than its total debt.
Reducing Debt: 300798's debt to equity ratio has increased from 0% to 16.4% over the past 5 years.
Debt Coverage: 300798's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300798 earns more interest than it pays, so coverage of interest payments is not a concern.