Jiangsu Jiangnan High Polymer FiberLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jiangnan High Polymer FiberLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥4.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥2.2B and CN¥94.8M respectively. Jiangsu Jiangnan High Polymer FiberLtd's EBIT is CN¥14.0M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥899.0M.
Key information
0.2%
Debt to equity ratio
CN¥4.52m
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥898.95m |
| Equity | CN¥2.15b |
| Total liabilities | CN¥94.76m |
| Total assets | CN¥2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600527's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥53.2M).
Long Term Liabilities: 600527's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥41.5M).
Debt to Equity History and Analysis
Debt Level: 600527 has more cash than its total debt.
Reducing Debt: 600527's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 600527's debt is well covered by operating cash flow (1274.9%).
Interest Coverage: 600527 earns more interest than it pays, so coverage of interest payments is not a concern.