Jiangsu Expressway Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Expressway has a total shareholder equity of CN¥47.0B and total debt of CN¥32.9B, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are CN¥84.0B and CN¥37.0B respectively. Jiangsu Expressway's EBIT is CN¥5.2B making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥5.1B.
Key information
69.9%
Debt to equity ratio
CN¥32.87b
Debt
| Interest coverage ratio | -7.2x |
| Cash | CN¥5.06b |
| Equity | CN¥47.01b |
| Total liabilities | CN¥36.99b |
| Total assets | CN¥84.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEXY.F's short term assets (CN¥9.5B) do not cover its short term liabilities (CN¥12.8B).
Long Term Liabilities: JEXY.F's short term assets (CN¥9.5B) do not cover its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: JEXY.F's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: JEXY.F's debt to equity ratio has increased from 55.4% to 69.9% over the past 5 years.
Debt Coverage: JEXY.F's debt is well covered by operating cash flow (22.1%).
Interest Coverage: JEXY.F earns more interest than it pays, so coverage of interest payments is not a concern.