Jinsanjiang (Zhaoqing) Silicon Material Balance Sheet Health
Financial Health criteria checks 5/6
Jinsanjiang (Zhaoqing) Silicon Material has a total shareholder equity of CN¥572.6M and total debt of CN¥25.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥717.3M and CN¥144.7M respectively. Jinsanjiang (Zhaoqing) Silicon Material's EBIT is CN¥58.0M making its interest coverage ratio -170.3. It has cash and short-term investments of CN¥106.5M.
Key information
4.4%
Debt to equity ratio
CN¥24.99m
Debt
| Interest coverage ratio | -170.3x |
| Cash | CN¥106.46m |
| Equity | CN¥572.60m |
| Total liabilities | CN¥144.71m |
| Total assets | CN¥717.31m |
Financial Position Analysis
Short Term Liabilities: 301059's short term assets (CN¥281.0M) exceed its short term liabilities (CN¥120.7M).
Long Term Liabilities: 301059's short term assets (CN¥281.0M) exceed its long term liabilities (CN¥24.0M).
Debt to Equity History and Analysis
Debt Level: 301059 has more cash than its total debt.
Reducing Debt: 301059's debt to equity ratio has increased from 2.8% to 4.4% over the past 5 years.
Debt Coverage: 301059's debt is well covered by operating cash flow (334.8%).
Interest Coverage: 301059 earns more interest than it pays, so coverage of interest payments is not a concern.