Jiangsu Liance Electromechanical Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Liance Electromechanical Technology has a total shareholder equity of CN¥936.4M and total debt of CN¥5.3M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.3B and CN¥350.5M respectively. Jiangsu Liance Electromechanical Technology's EBIT is CN¥92.8M making its interest coverage ratio -230.7. It has cash and short-term investments of CN¥238.9M.
Key information
0.6%
Debt to equity ratio
CN¥5.29m
Debt
| Interest coverage ratio | -230.7x |
| Cash | CN¥238.86m |
| Equity | CN¥936.37m |
| Total liabilities | CN¥350.53m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Jiangsu Liance Electromechanical Technology Co., Ltd. (SHSE:688113) Stock Catapults 43% Though Its Price And Business Still Lag The Market
Oct 14
Benign Growth For Jiangsu Liance Electromechanical Technology Co., Ltd. (SHSE:688113) Underpins Its Share Price
Aug 30Solid Earnings May Not Tell The Whole Story For Jiangsu Liance Electromechanical Technology (SHSE:688113)
May 06Capital Allocation Trends At Jiangsu Liance Electromechanical Technology (SHSE:688113) Aren't Ideal
Apr 02Financial Position Analysis
Short Term Liabilities: 688113's short term assets (CN¥863.0M) exceed its short term liabilities (CN¥303.5M).
Long Term Liabilities: 688113's short term assets (CN¥863.0M) exceed its long term liabilities (CN¥47.0M).
Debt to Equity History and Analysis
Debt Level: 688113 has more cash than its total debt.
Reducing Debt: 688113's debt to equity ratio has increased from 0.5% to 0.6% over the past 5 years.
Debt Coverage: 688113's debt is well covered by operating cash flow (1636.4%).
Interest Coverage: 688113 earns more interest than it pays, so coverage of interest payments is not a concern.