Jiangsu ToLand AlloyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu ToLand AlloyLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥153.7M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥2.4B and CN¥464.4M respectively. Jiangsu ToLand AlloyLtd's EBIT is CN¥365.8M making its interest coverage ratio -435.8. It has cash and short-term investments of CN¥341.6M.
Key information
8.1%
Debt to equity ratio
CN¥153.67m
Debt
| Interest coverage ratio | -435.8x |
| Cash | CN¥341.59m |
| Equity | CN¥1.90b |
| Total liabilities | CN¥464.39m |
| Total assets | CN¥2.37b |
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¥1.3B) exceed its short term liabilities (CN¥297.9M).
Long Term Liabilities: 300855's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥166.5M).
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 24.7% to 8.1% over the past 5 years.
Debt Coverage: 300855's debt is well covered by operating cash flow (258.7%).
Interest Coverage: 300855 earns more interest than it pays, so coverage of interest payments is not a concern.