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¥675.1M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are CN¥6.1B and CN¥2.3B respectively. Jiangsu Jiangnan Water's EBIT is CN¥335.3M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥724.6M.
Key information
17.8%
Debt to equity ratio
CN¥675.07m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥724.62m |
| Equity | CN¥3.80b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥6.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601199's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 601199's short term assets (CN¥1.6B) 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 15.3% to 17.8% over the past 5 years.
Debt Coverage: 601199's debt is well covered by operating cash flow (61.4%).
Interest Coverage: 601199 earns more interest than it pays, so coverage of interest payments is not a concern.