Jiangsu Bojun Industrial Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Bojun Industrial Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are CN¥5.1B and CN¥3.3B respectively. Jiangsu Bojun Industrial Technology's EBIT is CN¥496.8M making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥494.5M.
Key information
68.0%
Debt to equity ratio
CN¥1.25b
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥494.48m |
| Equity | CN¥1.84b |
| Total liabilities | CN¥3.28b |
| Total assets | CN¥5.12b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300926's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300926's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥588.4M).
Debt to Equity History and Analysis
Debt Level: 300926's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: 300926's debt to equity ratio has increased from 45.5% to 68% over the past 5 years.
Debt Coverage: 300926's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 300926's interest payments on its debt are well covered by EBIT (16.1x coverage).