JDM JingDaMachine (Ningbo)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
JDM JingDaMachine (Ningbo)Ltd has a total shareholder equity of CN¥742.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥609.2M respectively. JDM JingDaMachine (Ningbo)Ltd's EBIT is CN¥161.7M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥360.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥360.22m |
| Equity | CN¥742.13m |
| Total liabilities | CN¥609.17m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603088's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥598.4M).
Long Term Liabilities: 603088's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥10.7M).
Debt to Equity History and Analysis
Debt Level: 603088 is debt free.
Reducing Debt: 603088 had no debt 5 years ago.
Debt Coverage: 603088 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603088 has no debt, therefore coverage of interest payments is not a concern.