Jiangsu Jiangnan Water Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jiangnan Water has a total shareholder equity of CN¥3.8B and total debt of CN¥701.5M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥6.2B and CN¥2.4B respectively. Jiangsu Jiangnan Water's EBIT is CN¥331.9M making its interest coverage ratio -3. It has cash and short-term investments of CN¥759.6M.
Key information
18.4%
Debt to equity ratio
CN¥701.49m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥759.65m |
| Equity | CN¥3.81b |
| Total liabilities | CN¥2.35b |
| Total assets | CN¥6.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601199's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 601199's short term assets (CN¥1.5B) 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 4.2% to 18.4% over the past 5 years.
Debt Coverage: 601199's debt is well covered by operating cash flow (71.3%).
Interest Coverage: 601199 earns more interest than it pays, so coverage of interest payments is not a concern.