Jiangsu Bojun Industrial Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Bojun Industrial Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are CN¥5.3B and CN¥3.3B respectively. Jiangsu Bojun Industrial Technology's EBIT is CN¥596.2M making its interest coverage ratio 12. It has cash and short-term investments of CN¥296.5M.
Key information
77.2%
Debt to equity ratio
CN¥1.49b
Debt
| Interest coverage ratio | 12x |
| Cash | CN¥296.52m |
| Equity | CN¥1.93b |
| Total liabilities | CN¥3.35b |
| Total assets | CN¥5.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300926's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300926's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥694.4M).
Debt to Equity History and Analysis
Debt Level: 300926's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: 300926's debt to equity ratio has increased from 45.9% to 77.2% over the past 5 years.
Debt Coverage: 300926's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 300926's interest payments on its debt are well covered by EBIT (12x coverage).