Jiumaojiu International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Jiumaojiu International Holdings has a total shareholder equity of CN¥3.2B and total debt of CN¥289.7M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥6.5B and CN¥3.4B respectively. Jiumaojiu International Holdings's EBIT is CN¥502.6M making its interest coverage ratio 13.5. It has cash and short-term investments of CN¥1.4B.
Key information
9.2%
Debt to equity ratio
CN¥289.71m
Debt
| Interest coverage ratio | 13.5x |
| Cash | CN¥1.39b |
| Equity | CN¥3.17b |
| Total liabilities | CN¥3.36b |
| Total assets | CN¥6.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9922's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 9922's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 9922 has more cash than its total debt.
Reducing Debt: 9922's debt to equity ratio has reduced from 37.9% to 9.2% over the past 5 years.
Debt Coverage: 9922's debt is well covered by operating cash flow (276.6%).
Interest Coverage: 9922's interest payments on its debt are well covered by EBIT (13.5x coverage).