Jy Gas Balance Sheet Health
Financial Health criteria checks 5/6
Jy Gas has a total shareholder equity of CN¥299.1M and total debt of CN¥70.1M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥571.2M and CN¥272.1M respectively. Jy Gas's EBIT is CN¥35.6M making its interest coverage ratio -32.1. It has cash and short-term investments of CN¥236.3M.
Key information
23.4%
Debt to equity ratio
CN¥70.08m
Debt
| Interest coverage ratio | -32.1x |
| Cash | CN¥236.26m |
| Equity | CN¥299.12m |
| Total liabilities | CN¥272.06m |
| Total assets | CN¥571.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1407's short term assets (CN¥315.1M) exceed its short term liabilities (CN¥255.2M).
Long Term Liabilities: 1407's short term assets (CN¥315.1M) exceed its long term liabilities (CN¥16.9M).
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 (66.2%).
Interest Coverage: 1407 earns more interest than it pays, so coverage of interest payments is not a concern.