Jiutian Chemical Group Balance Sheet Health
Financial Health criteria checks 3/6
Jiutian Chemical Group has a total shareholder equity of CN¥765.8M and total debt of CN¥265.9M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CN¥1.3B and CN¥523.2M respectively.
Key information
34.7%
Debt to equity ratio
CN¥265.88m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥684.03m |
| Equity | CN¥765.84m |
| Total liabilities | CN¥523.23m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C8R's short term assets (CN¥923.2M) exceed its short term liabilities (CN¥457.2M).
Long Term Liabilities: C8R's short term assets (CN¥923.2M) exceed its long term liabilities (CN¥66.0M).
Debt to Equity History and Analysis
Debt Level: C8R has more cash than its total debt.
Reducing Debt: C8R's debt to equity ratio has increased from 20.9% to 34.7% over the past 5 years.
Debt Coverage: C8R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if C8R's interest payments on its debt are well covered by EBIT.