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¥521.3M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are CN¥3.0B and CN¥838.4M respectively. Jiangsu Olive Sensors High-Tech's EBIT is CN¥136.9M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥781.1M.
Key information
24.5%
Debt to equity ratio
CN¥521.33m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥781.11m |
Equity | CN¥2.13b |
Total liabilities | CN¥838.38m |
Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300507's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥744.1M).
Long Term Liabilities: 300507's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥94.2M).
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 24.5% over the past 5 years.
Debt Coverage: 300507's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 300507 earns more interest than it pays, so coverage of interest payments is not a concern.