JA Solar Technology Balance Sheet Health
Financial Health criteria checks 2/6
JA Solar Technology has a total shareholder equity of CN¥32.4B and total debt of CN¥40.8B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are CN¥116.3B and CN¥83.9B respectively. JA Solar Technology's EBIT is CN¥94.0M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥24.2B.
Key information
125.9%
Debt to equity ratio
CN¥40.77b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥24.20b |
| Equity | CN¥32.39b |
| Total liabilities | CN¥83.90b |
| Total assets | CN¥116.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002459's short term assets (CN¥55.5B) exceed its short term liabilities (CN¥49.8B).
Long Term Liabilities: 002459's short term assets (CN¥55.5B) exceed its long term liabilities (CN¥34.1B).
Debt to Equity History and Analysis
Debt Level: 002459's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: 002459's debt to equity ratio has increased from 117.7% to 125.9% over the past 5 years.
Debt Coverage: 002459's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 002459's interest payments on its debt are not well covered by EBIT (0.8x coverage).