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 72.9%. 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 12.3. It has cash and short-term investments of CN¥494.5M.
Key information
72.9%
Debt to equity ratio
CN¥1.34b
Debt
Interest coverage ratio | 12.3x |
Cash | CN¥494.48m |
Equity | CN¥1.84b |
Total liabilities | CN¥3.28b |
Total assets | CN¥5.12b |
Recent financial health updates
Recent updates
Why We Like The Returns At Jiangsu Bojun Industrial Technology (SZSE:300926)
Jun 09If EPS Growth Is Important To You, Jiangsu Bojun Industrial Technology (SZSE:300926) Presents An Opportunity
May 22Jiangsu Bojun Industrial Technology (SZSE:300926) Seems To Use Debt Quite Sensibly
Apr 12Shareholders Shouldn’t Be Too Comfortable With Jiangsu Bojun Industrial Technology's (SZSE:300926) Strong Earnings
Apr 12The Returns At Jiangsu Bojun Industrial Technology (SZSE:300926) Aren't Growing
Feb 27Financial 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 (46%) is considered high.
Reducing Debt: 300926's debt to equity ratio has increased from 45.5% to 72.9% over the past 5 years.
Debt Coverage: 300926's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 300926's interest payments on its debt are well covered by EBIT (12.3x coverage).