Jing-jin Electric TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jing-jin Electric TechnologiesLtd has a total shareholder equity of CN¥631.4M and total debt of CN¥332.9M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are CN¥2.6B and CN¥2.0B respectively.
Key information
52.7%
Debt to equity ratio
CN¥332.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥57.70m |
| Equity | CN¥631.44m |
| Total liabilities | CN¥2.00b |
| Total assets | CN¥2.63b |
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¥546.3M).
Debt to Equity History and Analysis
Debt Level: 688280's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: 688280's debt to equity ratio has increased from 13.2% to 52.7% 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 13% each year