Jiangsu Bojun Industrial Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Bojun Industrial Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are CN¥6.3B and CN¥4.2B respectively. Jiangsu Bojun Industrial Technology's EBIT is CN¥655.5M making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥497.6M.
Key information
87.2%
Debt to equity ratio
CN¥1.80b
Debt
| Interest coverage ratio | 17.5x |
| Cash | CN¥497.61m |
| Equity | CN¥2.07b |
| Total liabilities | CN¥4.18b |
| Total assets | CN¥6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300926's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 300926's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥849.5M).
Debt to Equity History and Analysis
Debt Level: 300926's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 300926's debt to equity ratio has increased from 46.3% to 87.2% over the past 5 years.
Debt Coverage: 300926's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300926's interest payments on its debt are well covered by EBIT (17.5x coverage).