Jiangsu Olive Sensors High-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Olive Sensors High-Tech has a total shareholder equity of CN¥2.1B and total debt of CN¥513.0M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥3.0B and CN¥879.0M respectively. Jiangsu Olive Sensors High-Tech's EBIT is CN¥123.3M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥746.4M.
Key information
24.1%
Debt to equity ratio
CN¥513.03m
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥746.35m |
| Equity | CN¥2.12b |
| Total liabilities | CN¥879.05m |
| Total assets | CN¥3.00b |
Recent financial health updates
No updates
Recent updates
Jiangsu Olive Sensors High-Tech's (SZSE:300507) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 01
Returns 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¥2.1B) exceed its short term liabilities (CN¥693.4M).
Long Term Liabilities: 300507's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥185.6M).
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 5% to 24.1% over the past 5 years.
Debt Coverage: 300507's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300507 earns more interest than it pays, so coverage of interest payments is not a concern.