Jiangsu Luokai Mechanical &Electrical Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Luokai Mechanical &Electrical has a total shareholder equity of CN¥1.3B and total debt of CN¥417.8M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are CN¥2.7B and CN¥1.4B respectively. Jiangsu Luokai Mechanical &Electrical's EBIT is CN¥179.3M making its interest coverage ratio 16.2. It has cash and short-term investments of CN¥194.2M.
Key information
32.4%
Debt to equity ratio
CN¥417.84m
Debt
| Interest coverage ratio | 16.2x |
| Cash | CN¥194.25m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥1.41b |
| Total assets | CN¥2.70b |
Financial Position Analysis
Short Term Liabilities: 603829's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603829's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥174.1M).
Debt to Equity History and Analysis
Debt Level: 603829's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 603829's debt to equity ratio has increased from 14.4% to 32.4% over the past 5 years.
Debt Coverage: 603829's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 603829's interest payments on its debt are well covered by EBIT (16.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:56 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Jiangsu Luokai Mechanical &Electrical Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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