Everbright Jiabao Balance Sheet Health
Financial Health criteria checks 0/6
Everbright Jiabao has a total shareholder equity of CN¥6.1B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 165.5%. Its total assets and total liabilities are CN¥23.2B and CN¥17.0B respectively. Everbright Jiabao's EBIT is CN¥130.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥1.9B.
Key information
165.5%
Debt to equity ratio
CN¥10.17b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥1.95b |
| Equity | CN¥6.14b |
| Total liabilities | CN¥17.02b |
| Total assets | CN¥23.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600622's short term assets (CN¥4.7B) do not cover its short term liabilities (CN¥6.6B).
Long Term Liabilities: 600622's short term assets (CN¥4.7B) do not cover its long term liabilities (CN¥10.5B).
Debt to Equity History and Analysis
Debt Level: 600622's net debt to equity ratio (133.8%) is considered high.
Reducing Debt: 600622's debt to equity ratio has increased from 111.9% to 165.5% over the past 5 years.
Debt Coverage: 600622's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: 600622's interest payments on its debt are not well covered by EBIT (0.2x coverage).