Jade Bird Fire Balance Sheet Health
Financial Health criteria checks 6/6
Jade Bird Fire has a total shareholder equity of CN¥6.5B and total debt of CN¥434.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥8.2B and CN¥1.7B respectively. Jade Bird Fire's EBIT is CN¥719.1M making its interest coverage ratio -30.7. It has cash and short-term investments of CN¥2.6B.
Key information
6.7%
Debt to equity ratio
CN¥434.01m
Debt
| Interest coverage ratio | -30.7x |
| Cash | CN¥2.65b |
| Equity | CN¥6.45b |
| Total liabilities | CN¥1.75b |
| Total assets | CN¥8.20b |
Recent financial health updates
No updates
Recent updates
Why Jade Bird Fire Co., Ltd. (SZSE:002960) Could Be Worth Watching
Apr 18
Need To Know: Analysts Just Made A Substantial Cut To Their Jade Bird Fire Co., Ltd. (SZSE:002960) Estimates
Mar 31Jade Bird Fire Co., Ltd.'s (SZSE:002960) Shares Bounce 28% But Its Business Still Trails The Market
Mar 04Are Investors Undervaluing Jade Bird Fire Co., Ltd. (SZSE:002960) By 48%?
Mar 02Financial Position Analysis
Short Term Liabilities: 002960's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002960's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥182.1M).
Debt to Equity History and Analysis
Debt Level: 002960 has more cash than its total debt.
Reducing Debt: 002960's debt to equity ratio has reduced from 14.5% to 6.7% over the past 5 years.
Debt Coverage: 002960's debt is well covered by operating cash flow (127.8%).
Interest Coverage: 002960 earns more interest than it pays, so coverage of interest payments is not a concern.