Jinsanjiang (Zhaoqing) Silicon Material Balance Sheet Health
Financial Health criteria checks 6/6
Jinsanjiang (Zhaoqing) Silicon Material has a total shareholder equity of CN¥570.3M and total debt of CN¥27.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥689.0M and CN¥118.8M respectively. Jinsanjiang (Zhaoqing) Silicon Material's EBIT is CN¥39.2M making its interest coverage ratio -1625.1. It has cash and short-term investments of CN¥96.9M.
Key information
4.9%
Debt to equity ratio
CN¥27.74m
Debt
Interest coverage ratio | -1625.1x |
Cash | CN¥96.87m |
Equity | CN¥570.26m |
Total liabilities | CN¥118.75m |
Total assets | CN¥689.02m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301059's short term assets (CN¥243.2M) exceed its short term liabilities (CN¥89.8M).
Long Term Liabilities: 301059's short term assets (CN¥243.2M) exceed its long term liabilities (CN¥28.9M).
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 reduced from 9.1% to 4.9% over the past 5 years.
Debt Coverage: 301059's debt is well covered by operating cash flow (234.5%).
Interest Coverage: 301059 earns more interest than it pays, so coverage of interest payments is not a concern.