Jiangsu Azure Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Azure has a total shareholder equity of CN¥7.1B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥10.7B and CN¥3.7B respectively. Jiangsu Azure's EBIT is CN¥300.4M making its interest coverage ratio 151.8. It has cash and short-term investments of CN¥1.3B.
Key information
20.1%
Debt to equity ratio
CN¥1.42b
Debt
| Interest coverage ratio | 151.8x |
| Cash | CN¥1.32b |
| Equity | CN¥7.06b |
| Total liabilities | CN¥3.65b |
| Total assets | CN¥10.71b |
Recent financial health updates
Recent updates
Jiangsu Azure's (SZSE:002245) Earnings Are Of Questionable Quality
Nov 04
Earnings Tell The Story For Jiangsu Azure Corporation (SZSE:002245) As Its Stock Soars 36%
Oct 08At CN¥7.37, Is It Time To Put Jiangsu Azure Corporation (SZSE:002245) On Your Watch List?
Sep 26These 4 Measures Indicate That Jiangsu Azure (SZSE:002245) Is Using Debt Reasonably Well
Jun 24The Returns On Capital At Jiangsu Azure (SZSE:002245) Don't Inspire Confidence
Jun 04Jiangsu Azure's (SZSE:002245) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 09Jiangsu Azure Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 05Investors Appear Satisfied With Jiangsu Azure Corporation's (SZSE:002245) Prospects
Feb 29Financial 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¥430.3M).
Debt to Equity History and Analysis
Debt Level: 002245's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 002245's debt to equity ratio has reduced from 72.4% to 20.1% over the past 5 years.
Debt Coverage: 002245's debt is well covered by operating cash flow (58%).
Interest Coverage: 002245's interest payments on its debt are well covered by EBIT (151.8x coverage).