Jiumaojiu International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Jiumaojiu International Holdings has a total shareholder equity of CN¥3.4B and total debt of CN¥244.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥6.5B and CN¥3.2B respectively. Jiumaojiu International Holdings's EBIT is CN¥721.2M making its interest coverage ratio 25.3. It has cash and short-term investments of CN¥1.9B.
Key information
7.3%
Debt to equity ratio
CN¥244.16m
Debt
Interest coverage ratio | 25.3x |
Cash | CN¥1.87b |
Equity | CN¥3.36b |
Total liabilities | CN¥3.16b |
Total assets | CN¥6.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3YU's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 3YU's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3YU has more cash than its total debt.
Reducing Debt: 3YU's debt to equity ratio has reduced from 24.1% to 7.3% over the past 5 years.
Debt Coverage: 3YU's debt is well covered by operating cash flow (363%).
Interest Coverage: 3YU's interest payments on its debt are well covered by EBIT (25.3x coverage).