Jy Gas Balance Sheet Health
Financial Health criteria checks 5/6
Jy Gas has a total shareholder equity of CN¥296.8M and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥549.3M and CN¥252.5M respectively. Jy Gas's EBIT is CN¥38.9M making its interest coverage ratio -21.3. It has cash and short-term investments of CN¥137.0M.
Key information
13.5%
Debt to equity ratio
CN¥40.05m
Debt
| Interest coverage ratio | -21.3x |
| Cash | CN¥136.99m |
| Equity | CN¥296.77m |
| Total liabilities | CN¥252.52m |
| Total assets | CN¥549.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1407's short term assets (CN¥302.4M) exceed its short term liabilities (CN¥236.3M).
Long Term Liabilities: 1407's short term assets (CN¥302.4M) exceed its long term liabilities (CN¥16.3M).
Debt to Equity History and Analysis
Debt Level: 1407 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 1407's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1407's debt is well covered by operating cash flow (141.1%).
Interest Coverage: 1407 earns more interest than it pays, so coverage of interest payments is not a concern.