Jiangsu Azure Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Azure has a total shareholder equity of CN¥6.8B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥10.6B and CN¥3.7B respectively. Jiangsu Azure's EBIT is CN¥220.3M making its interest coverage ratio -11. It has cash and short-term investments of CN¥1.6B.
Key information
23.1%
Debt to equity ratio
CN¥1.58b
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥1.59b |
| Equity | CN¥6.81b |
| Total liabilities | CN¥3.75b |
| Total assets | CN¥10.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002245's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002245's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥548.2M).
Debt to Equity History and Analysis
Debt Level: 002245 has more cash than its total debt.
Reducing Debt: 002245's debt to equity ratio has reduced from 99.9% to 23.1% over the past 5 years.
Debt Coverage: 002245's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 002245 earns more interest than it pays, so coverage of interest payments is not a concern.