Jiangsu Olive Sensors High-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Olive Sensors High-Tech has a total shareholder equity of CN¥2.2B and total debt of CN¥362.3M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are CN¥3.0B and CN¥772.5M respectively. Jiangsu Olive Sensors High-Tech's EBIT is CN¥127.7M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥672.9M.
Key information
16.6%
Debt to equity ratio
CN¥362.27m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥672.95m |
| Equity | CN¥2.18b |
| Total liabilities | CN¥772.55m |
| Total assets | CN¥2.96b |
Recent financial health updates
Recent updates
Returns On Capital At Jiangsu Olive Sensors High-Tech (SZSE:300507) Have Stalled
Nov 11
Jiangsu Olive Sensors High-Tech Co., Ltd.'s (SZSE:300507) Business Is Trailing The Market But Its Shares Aren't
Sep 30These 4 Measures Indicate That Jiangsu Olive Sensors High-Tech (SZSE:300507) Is Using Debt Reasonably Well
Aug 08The Returns At Jiangsu Olive Sensors High-Tech (SZSE:300507) Aren't Growing
Jul 16Jiangsu Olive Sensors High-Tech's (SZSE:300507) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 01Returns On Capital Signal Tricky Times Ahead For Jiangsu Olive Sensors High-Tech (SZSE:300507)
Mar 28Even With A 33% Surge, Cautious Investors Are Not Rewarding Jiangsu Olive Sensors High-Tech Co., Ltd.'s (SZSE:300507) Performance Completely
Mar 07Financial Position Analysis
Short Term Liabilities: 300507's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥678.1M).
Long Term Liabilities: 300507's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥94.4M).
Debt to Equity History and Analysis
Debt Level: 300507 has more cash than its total debt.
Reducing Debt: 300507's debt to equity ratio has increased from 0% to 16.6% over the past 5 years.
Debt Coverage: 300507's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 300507 earns more interest than it pays, so coverage of interest payments is not a concern.