Jiangsu Expressway Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Expressway has a total shareholder equity of CN¥44.6B and total debt of CN¥33.3B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥84.5B and CN¥39.9B respectively. Jiangsu Expressway's EBIT is CN¥5.0B making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥6.1B.
Key information
74.7%
Debt to equity ratio
CN¥33.34b
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥6.06b |
| Equity | CN¥44.63b |
| Total liabilities | CN¥39.90b |
| Total assets | CN¥84.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEXY.Y's short term assets (CN¥10.7B) do not cover its short term liabilities (CN¥12.5B).
Long Term Liabilities: JEXY.Y's short term assets (CN¥10.7B) do not cover its long term liabilities (CN¥27.4B).
Debt to Equity History and Analysis
Debt Level: JEXY.Y's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: JEXY.Y's debt to equity ratio has increased from 52.2% to 74.7% over the past 5 years.
Debt Coverage: JEXY.Y's debt is well covered by operating cash flow (20.5%).
Interest Coverage: JEXY.Y earns more interest than it pays, so coverage of interest payments is not a concern.