Jiangxi Ganyue ExpresswayLTD Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Ganyue ExpresswayLTD has a total shareholder equity of CN¥19.8B and total debt of CN¥11.9B, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are CN¥35.5B and CN¥15.7B respectively. Jiangxi Ganyue ExpresswayLTD's EBIT is CN¥1.9B making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥3.8B.
Key information
60.3%
Debt to equity ratio
CN¥11.93b
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥3.79b |
| Equity | CN¥19.77b |
| Total liabilities | CN¥15.74b |
| Total assets | CN¥35.52b |
Recent financial health updates
Recent updates
Jiangxi Ganyue Expressway CO.,LTD.'s (SHSE:600269) Share Price Is Matching Sentiment Around Its Earnings
Sep 25
Jiangxi Ganyue ExpresswayLTD (SHSE:600269) Shareholders Will Want The ROCE Trajectory To Continue
Aug 29Jiangxi Ganyue ExpresswayLTD (SHSE:600269) Has A Pretty Healthy Balance Sheet
Aug 08Little Excitement Around Jiangxi Ganyue Expressway CO.,LTD.'s (SHSE:600269) Earnings
Jun 03Jiangxi Ganyue ExpresswayLTD (SHSE:600269) Is Experiencing Growth In Returns On Capital
Apr 14Is Now The Time To Put Jiangxi Ganyue ExpresswayLTD (SHSE:600269) On Your Watchlist?
Feb 28Financial Position Analysis
Short Term Liabilities: 600269's short term assets (CN¥7.7B) do not cover its short term liabilities (CN¥9.1B).
Long Term Liabilities: 600269's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: 600269's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: 600269's debt to equity ratio has reduced from 81% to 60.3% over the past 5 years.
Debt Coverage: 600269's debt is well covered by operating cash flow (22%).
Interest Coverage: 600269's interest payments on its debt are well covered by EBIT (7.4x coverage).