Jilin Province Chuncheng Heating Balance Sheet Health
Financial Health criteria checks 6/6
Jilin Province Chuncheng Heating has a total shareholder equity of CN¥989.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.0B and CN¥2.0B respectively. Jilin Province Chuncheng Heating's EBIT is CN¥165.3M making its interest coverage ratio -32. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -32x |
| Cash | CN¥1.12b |
| Equity | CN¥989.85m |
| Total liabilities | CN¥2.02b |
| Total assets | CN¥3.01b |
Recent financial health updates
Here's Why Jilin Province Chuncheng Heating (HKG:1853) Has A Meaningful Debt Burden
Dec 06
Does Jilin Province Chuncheng Heating (HKG:1853) Have A Healthy Balance Sheet?
Dec 11Recent updates
Jilin Province Chuncheng Heating (HKG:1853) Is Paying Out Less In Dividends Than Last Year
May 22Calculating The Fair Value Of Jilin Province Chuncheng Heating Company Limited (HKG:1853)
Feb 08Here's Why Jilin Province Chuncheng Heating (HKG:1853) Has A Meaningful Debt Burden
Dec 06Jilin Province Chuncheng Heating (HKG:1853) Has More To Do To Multiply In Value Going Forward
Oct 26Lacklustre Performance Is Driving Jilin Province Chuncheng Heating Company Limited's (HKG:1853) Low P/E
Aug 20Estimating The Fair Value Of Jilin Province Chuncheng Heating Company Limited (HKG:1853)
Jul 15Jilin Province Chuncheng Heating (HKG:1853) Is Paying Out A Larger Dividend Than Last Year
May 23Returns On Capital Are Showing Encouraging Signs At Jilin Province Chuncheng Heating (HKG:1853)
Mar 16We Like These Underlying Return On Capital Trends At Jilin Province Chuncheng Heating (HKG:1853)
May 24Jilin Province Chuncheng Heating Company Limited (HKG:1853) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 01Jilin Province Chuncheng Heating (HKG:1853) Share Prices Have Dropped 12% In The Last Year
Jan 06Does Jilin Province Chuncheng Heating (HKG:1853) Have A Healthy Balance Sheet?
Dec 11Will The ROCE Trend At Jilin Province Chuncheng Heating (HKG:1853) Continue?
Nov 24
Financial Position Analysis
Short Term Liabilities: 1853's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 1853's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥115.0M).
Debt to Equity History and Analysis
Debt Level: 1853 is debt free.
Reducing Debt: 1853 has no debt compared to 5 years ago when its debt to equity ratio was 22.2%.
Debt Coverage: 1853 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1853 has no debt, therefore coverage of interest payments is not a concern.