Jing-jin Electric TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jing-jin Electric TechnologiesLtd has a total shareholder equity of CN¥731.4M and total debt of CN¥229.0M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥2.5B and CN¥1.8B respectively.
Key information
31.3%
Debt to equity ratio
CN¥229.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥92.25m |
| Equity | CN¥731.44m |
| Total liabilities | CN¥1.80b |
| Total assets | CN¥2.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688280's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688280's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥428.4M).
Debt to Equity History and Analysis
Debt Level: 688280's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 688280's debt to equity ratio has increased from 20% to 31.3% 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: 688280 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 688280 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.5% each year