Jilin Jlu Communication Design InstituteLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jilin Jlu Communication Design InstituteLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥119.1M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥1.3B and CN¥289.6M respectively. Jilin Jlu Communication Design InstituteLtd's EBIT is CN¥9.3M making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥297.2M.
Key information
11.3%
Debt to equity ratio
CN¥119.10m
Debt
Interest coverage ratio | -13.3x |
Cash | CN¥297.20m |
Equity | CN¥1.06b |
Total liabilities | CN¥289.60m |
Total assets | CN¥1.35b |
Financial Position Analysis
Short Term Liabilities: 300597's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥280.8M).
Long Term Liabilities: 300597's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥8.8M).
Debt to Equity History and Analysis
Debt Level: 300597 has more cash than its total debt.
Reducing Debt: 300597's debt to equity ratio has increased from 0% to 11.3% over the past 5 years.
Debt Coverage: 300597's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300597 earns more interest than it pays, so coverage of interest payments is not a concern.