Jinhui Shipping and Transportation Balance Sheet Health
Financial Health criteria checks 5/6
Jinhui Shipping and Transportation has a total shareholder equity of $351.6M and total debt of $59.5M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are $460.0M and $108.4M respectively.
Key information
16.9%
Debt to equity ratio
US$59.50m
Debt
Interest coverage ratio | n/a |
Cash | US$48.87m |
Equity | US$351.60m |
Total liabilities | US$108.42m |
Total assets | US$460.02m |
Recent financial health updates
Is Jinhui Shipping and Transportation (OB:JIN) A Risky Investment?
Aug 07These 4 Measures Indicate That Jinhui Shipping and Transportation (OB:JIN) Is Using Debt Reasonably Well
May 26Is Jinhui Shipping and Transportation (OB:JIN) Using Too Much Debt?
Feb 01Recent updates
Is Jinhui Shipping and Transportation (OB:JIN) A Risky Investment?
Aug 07Market Might Still Lack Some Conviction On Jinhui Shipping and Transportation Limited (OB:JIN) Even After 26% Share Price Boost
Jun 01Even With A 26% Surge, Cautious Investors Are Not Rewarding Jinhui Shipping and Transportation Limited's (OB:JIN) Performance Completely
Jan 06Jinhui Shipping and Transportation's (OB:JIN) Returns On Capital Are Heading Higher
Jul 26Calculating The Fair Value Of Jinhui Shipping and Transportation Limited (OB:JIN)
Mar 06These 4 Measures Indicate That Jinhui Shipping and Transportation (OB:JIN) Is Using Debt Reasonably Well
May 26If You Had Bought Jinhui Shipping and Transportation (OB:JIN) Stock A Year Ago, You Could Pocket A 67% Gain Today
Mar 08Is Jinhui Shipping and Transportation (OB:JIN) Using Too Much Debt?
Feb 01Why Jinhui Shipping and Transportation's (OB:JIN) CEO Pay Matters
Dec 27How Many Jinhui Shipping and Transportation Limited (OB:JIN) Shares Did Insiders Buy, In The Last Year?
Nov 23Financial Position Analysis
Short Term Liabilities: JIN's short term assets ($66.3M) exceed its short term liabilities ($32.9M).
Long Term Liabilities: JIN's short term assets ($66.3M) do not cover its long term liabilities ($75.5M).
Debt to Equity History and Analysis
Debt Level: JIN's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: JIN's debt to equity ratio has reduced from 46.1% to 16.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JIN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: JIN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 16.4% each year.