Hangzhou Jiebai Group Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Jiebai Group has a total shareholder equity of CN¥4.8B and total debt of CN¥184.9M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥8.7B and CN¥3.9B respectively. Hangzhou Jiebai Group's EBIT is CN¥630.2M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥5.1B.
Key information
3.9%
Debt to equity ratio
CN¥184.95m
Debt
Interest coverage ratio | -3.9x |
Cash | CN¥5.08b |
Equity | CN¥4.78b |
Total liabilities | CN¥3.87b |
Total assets | CN¥8.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600814's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600814's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600814 has more cash than its total debt.
Reducing Debt: 600814's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.
Debt Coverage: 600814's debt is well covered by operating cash flow (339.1%).
Interest Coverage: 600814 earns more interest than it pays, so coverage of interest payments is not a concern.