Jiangsu ToLand AlloyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu ToLand AlloyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥167.5M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥2.5B and CN¥520.2M respectively. Jiangsu ToLand AlloyLtd's EBIT is CN¥365.3M making its interest coverage ratio 656.9. It has cash and short-term investments of CN¥319.2M.
Key information
8.5%
Debt to equity ratio
CN¥167.49m
Debt
| Interest coverage ratio | 656.9x |
| Cash | CN¥319.22m |
| Equity | CN¥1.98b |
| Total liabilities | CN¥520.20m |
| Total assets | CN¥2.50b |
Recent financial health updates
Recent updates
Investors Interested In Jiangsu ToLand Alloy Co.,Ltd's (SZSE:300855) Earnings
Sep 07
These 4 Measures Indicate That Jiangsu ToLand AlloyLtd (SZSE:300855) Is Using Debt Reasonably Well
Aug 13Here's What To Make Of Jiangsu ToLand AlloyLtd's (SZSE:300855) Decelerating Rates Of Return
Jun 19Why We're Not Concerned About Jiangsu ToLand Alloy Co.,Ltd's (SZSE:300855) Share Price
May 09With EPS Growth And More, Jiangsu ToLand AlloyLtd (SZSE:300855) Makes An Interesting Case
Apr 03Financial Position Analysis
Short Term Liabilities: 300855's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥371.3M).
Long Term Liabilities: 300855's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥148.9M).
Debt to Equity History and Analysis
Debt Level: 300855 has more cash than its total debt.
Reducing Debt: 300855's debt to equity ratio has reduced from 21% to 8.5% over the past 5 years.
Debt Coverage: 300855's debt is well covered by operating cash flow (195.9%).
Interest Coverage: 300855's interest payments on its debt are well covered by EBIT (656.9x coverage).