Jiangsu Feiliks International Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Feiliks International Logistics has a total shareholder equity of CN¥1.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are CN¥3.8B and CN¥2.1B respectively. Jiangsu Feiliks International Logistics's EBIT is CN¥135.3M making its interest coverage ratio -49.8. It has cash and short-term investments of CN¥621.5M.
Key information
71.5%
Debt to equity ratio
CN¥1.22b
Debt
Interest coverage ratio | -49.8x |
Cash | CN¥621.49m |
Equity | CN¥1.71b |
Total liabilities | CN¥2.13b |
Total assets | CN¥3.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300240's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300240's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥293.2M).
Debt to Equity History and Analysis
Debt Level: 300240's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 300240's debt to equity ratio has increased from 54.2% to 71.5% over the past 5 years.
Debt Coverage: 300240's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 300240 earns more interest than it pays, so coverage of interest payments is not a concern.