JiaoZuo WanFang Aluminum Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
JiaoZuo WanFang Aluminum Manufacturing has a total shareholder equity of CN¥6.2B and total debt of CN¥743.7M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥7.9B and CN¥1.7B respectively. JiaoZuo WanFang Aluminum Manufacturing's EBIT is CN¥671.3M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥1.7B.
Key information
12.0%
Debt to equity ratio
CN¥743.66m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥1.69b |
| Equity | CN¥6.18b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥7.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000612's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000612's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥184.9M).
Debt to Equity History and Analysis
Debt Level: 000612 has more cash than its total debt.
Reducing Debt: 000612's debt to equity ratio has reduced from 38% to 12% over the past 5 years.
Debt Coverage: 000612's debt is well covered by operating cash flow (148.2%).
Interest Coverage: 000612 earns more interest than it pays, so coverage of interest payments is not a concern.