Jilin Expressway Balance Sheet Health
Financial Health criteria checks 6/6
Jilin Expressway has a total shareholder equity of CN¥5.5B and total debt of CN¥401.1M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥6.7B and CN¥1.1B respectively. Jilin Expressway's EBIT is CN¥744.1M making its interest coverage ratio 256.7. It has cash and short-term investments of CN¥1.6B.
Key information
7.3%
Debt to equity ratio
CN¥401.12m
Debt
| Interest coverage ratio | 256.7x |
| Cash | CN¥1.61b |
| Equity | CN¥5.53b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥6.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601518's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 601518's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥36.8M).
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 62% to 7.3% over the past 5 years.
Debt Coverage: 601518's debt is well covered by operating cash flow (239.2%).
Interest Coverage: 601518's interest payments on its debt are well covered by EBIT (256.7x coverage).