Jiangsu Jiangnan Water Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jiangnan Water has a total shareholder equity of CN¥3.9B and total debt of CN¥660.9M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥6.3B and CN¥2.4B respectively. Jiangsu Jiangnan Water's EBIT is CN¥310.6M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥736.6M.
Key information
17.0%
Debt to equity ratio
CN¥660.94m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥736.59m |
| Equity | CN¥3.89b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥6.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601199's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 601199's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 601199 has more cash than its total debt.
Reducing Debt: 601199's debt to equity ratio has increased from 15% to 17% over the past 5 years.
Debt Coverage: 601199's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 601199 earns more interest than it pays, so coverage of interest payments is not a concern.