Jiangsu United Water TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu United Water TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥902.2M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are CN¥3.7B and CN¥1.9B respectively. Jiangsu United Water TechnologyLtd's EBIT is CN¥186.7M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥196.6M.
Key information
50.9%
Debt to equity ratio
CN¥902.22m
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥196.58m |
| Equity | CN¥1.77b |
| Total liabilities | CN¥1.93b |
| Total assets | CN¥3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603291's short term assets (CN¥745.3M) do not cover its short term liabilities (CN¥774.4M).
Long Term Liabilities: 603291's short term assets (CN¥745.3M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 603291's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 603291's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603291's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 603291's interest payments on its debt are well covered by EBIT (5.2x coverage).