Jiujiang Shanshui TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiujiang Shanshui TechnologyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥51.8M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥2.3B and CN¥348.0M respectively. Jiujiang Shanshui TechnologyLtd's EBIT is CN¥102.2M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.3B.
Key information
2.7%
Debt to equity ratio
CN¥51.84m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥1.29b |
| Equity | CN¥1.96b |
| Total liabilities | CN¥348.01m |
| Total assets | CN¥2.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301190's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥343.0M).
Long Term Liabilities: 301190's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥5.1M).
Debt to Equity History and Analysis
Debt Level: 301190 has more cash than its total debt.
Reducing Debt: 301190's debt to equity ratio has increased from 1.2% to 2.7% over the past 5 years.
Debt Coverage: 301190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301190 earns more interest than it pays, so coverage of interest payments is not a concern.