Everbright Jiabao Balance Sheet Health
Financial Health criteria checks 0/6
Everbright Jiabao has a total shareholder equity of CN¥6.3B and total debt of CN¥10.9B, which brings its debt-to-equity ratio to 172.9%. Its total assets and total liabilities are CN¥23.9B and CN¥17.6B respectively. Everbright Jiabao's EBIT is CN¥471.5M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥2.2B.
Key information
172.9%
Debt to equity ratio
CN¥10.91b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥2.22b |
| Equity | CN¥6.31b |
| Total liabilities | CN¥17.61b |
| Total assets | CN¥23.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600622's short term assets (CN¥5.2B) do not cover its short term liabilities (CN¥7.8B).
Long Term Liabilities: 600622's short term assets (CN¥5.2B) do not cover its long term liabilities (CN¥9.8B).
Debt to Equity History and Analysis
Debt Level: 600622's net debt to equity ratio (137.7%) is considered high.
Reducing Debt: 600622's debt to equity ratio has increased from 95.2% to 172.9% over the past 5 years.
Debt Coverage: 600622's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 600622's interest payments on its debt are not well covered by EBIT (0.8x coverage).