Hubei Jiuzhiyang Infrared System Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Jiuzhiyang Infrared System has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥519.0M respectively. Hubei Jiuzhiyang Infrared System's EBIT is CN¥88.9M making its interest coverage ratio -25.9. It has cash and short-term investments of CN¥367.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -25.9x |
| Cash | CN¥367.52m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥519.04m |
| Total assets | CN¥1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300516's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥512.6M).
Long Term Liabilities: 300516's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥6.4M).
Debt to Equity History and Analysis
Debt Level: 300516 is debt free.
Reducing Debt: 300516 had no debt 5 years ago.
Debt Coverage: 300516 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300516 has no debt, therefore coverage of interest payments is not a concern.