Zhejiang Jinke Tom Culture Industry Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jinke Tom Culture Industry has a total shareholder equity of CN¥3.2B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are CN¥5.2B and CN¥2.0B respectively. Zhejiang Jinke Tom Culture Industry's EBIT is CN¥245.5M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥548.3M.
Key information
55.2%
Debt to equity ratio
CN¥1.76b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥548.34m |
| Equity | CN¥3.18b |
| Total liabilities | CN¥1.98b |
| Total assets | CN¥5.15b |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Zhejiang Jinke Tom Culture Industry Co., LTD. (SZSE:300459) After Shares Rise 36%
Sep 30
Investors Could Be Concerned With Zhejiang Jinke Tom Culture Industry's (SZSE:300459) Returns On Capital
Sep 25Is Zhejiang Jinke Tom Culture Industry (SZSE:300459) Using Too Much Debt?
Aug 21Zhejiang Jinke Tom Culture Industry Co., LTD. (SZSE:300459) Not Flying Under The Radar
Jul 25Returns On Capital At Zhejiang Jinke Tom Culture Industry (SZSE:300459) Have Hit The Brakes
Jun 11Zhejiang Jinke Tom Culture Industry Co., LTD.'s (SZSE:300459) 27% Jump Shows Its Popularity With Investors
Mar 13Is It Time To Consider Buying Zhejiang Jinke Tom Culture Industry Co., LTD. (SZSE:300459)?
Feb 27Financial Position Analysis
Short Term Liabilities: 300459's short term assets (CN¥820.9M) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300459's short term assets (CN¥820.9M) exceed its long term liabilities (CN¥398.5M).
Debt to Equity History and Analysis
Debt Level: 300459's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 300459's debt to equity ratio has increased from 49.6% to 55.2% 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: Whilst unprofitable 300459 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300459 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.