JA Solar Technology Balance Sheet Health
Financial Health criteria checks 6/6
JA Solar Technology has a total shareholder equity of CN¥37.5B and total debt of CN¥19.3B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are CN¥109.7B and CN¥72.2B respectively. JA Solar Technology's EBIT is CN¥5.9B making its interest coverage ratio 21.4. It has cash and short-term investments of CN¥15.0B.
Key information
51.5%
Debt to equity ratio
CN¥19.31b
Debt
| Interest coverage ratio | 21.4x |
| Cash | CN¥15.01b |
| Equity | CN¥37.52b |
| Total liabilities | CN¥72.22b |
| Total assets | CN¥109.74b |
Recent financial health updates
Does JA Solar Technology (SZSE:002459) Have A Healthy Balance Sheet?
Aug 16
JA Solar Technology (SZSE:002459) Has A Pretty Healthy Balance Sheet
Mar 19Recent updates
Does JA Solar Technology (SZSE:002459) Have A Healthy Balance Sheet?
Aug 16JA Solar Technology Co., Ltd.'s (SZSE:002459) Shares Lagging The Market But So Is The Business
Jun 13The Returns On Capital At JA Solar Technology (SZSE:002459) Don't Inspire Confidence
May 24JA Solar Technology's (SZSE:002459) Shareholders Have More To Worry About Than Only Soft Earnings
May 06Revenue Miss: JA Solar Technology Co., Ltd. Fell 7.6% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
May 02JA Solar Technology (SZSE:002459) Has A Pretty Healthy Balance Sheet
Mar 19Financial Position Analysis
Short Term Liabilities: 002459's short term assets (CN¥51.8B) exceed its short term liabilities (CN¥47.3B).
Long Term Liabilities: 002459's short term assets (CN¥51.8B) exceed its long term liabilities (CN¥24.9B).
Debt to Equity History and Analysis
Debt Level: 002459's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 002459's debt to equity ratio has reduced from 156.4% to 51.5% over the past 5 years.
Debt Coverage: 002459's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 002459's interest payments on its debt are well covered by EBIT (21.4x coverage).