Jilin Expressway Balance Sheet Health
Financial Health criteria checks 6/6
Jilin Expressway has a total shareholder equity of CN¥5.7B and total debt of CN¥21.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥6.8B and CN¥1.1B respectively. Jilin Expressway's EBIT is CN¥750.5M making its interest coverage ratio -118.8. It has cash and short-term investments of CN¥1.8B.
Key information
0.4%
Debt to equity ratio
CN¥21.95m
Debt
| Interest coverage ratio | -118.8x |
| Cash | CN¥1.81b |
| Equity | CN¥5.66b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥6.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601518's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 601518's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥37.7M).
Debt to Equity History and Analysis
Debt Level: 601518 has more cash than its total debt.
Reducing Debt: 601518's debt to equity ratio has reduced from 57.5% to 0.4% over the past 5 years.
Debt Coverage: 601518's debt is well covered by operating cash flow (2736.8%).
Interest Coverage: 601518 earns more interest than it pays, so coverage of interest payments is not a concern.