Jack TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jack TechnologyLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥8.6B and CN¥4.1B respectively. Jack TechnologyLtd's EBIT is CN¥561.3M making its interest coverage ratio -22. It has cash and short-term investments of CN¥1.8B.
Key information
37.6%
Debt to equity ratio
CN¥1.67b
Debt
| Interest coverage ratio | -22x |
| Cash | CN¥1.77b |
| Equity | CN¥4.44b |
| Total liabilities | CN¥4.13b |
| Total assets | CN¥8.58b |
Recent financial health updates
Recent updates
Improved Earnings Required Before Jack Technology Co.,Ltd (SHSE:603337) Stock's 26% Jump Looks Justified
May 07
We Think Jack TechnologyLtd's (SHSE:603337) Robust Earnings Are Conservative
May 06Here's Why We Think Jack TechnologyLtd (SHSE:603337) Is Well Worth Watching
Apr 30Jack TechnologyLtd (SHSE:603337) May Have Issues Allocating Its Capital
Apr 08Is Jack TechnologyLtd (SHSE:603337) A Risky Investment?
Mar 17Financial Position Analysis
Short Term Liabilities: 603337's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 603337's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥228.8M).
Debt to Equity History and Analysis
Debt Level: 603337 has more cash than its total debt.
Reducing Debt: 603337's debt to equity ratio has increased from 15.9% to 37.6% over the past 5 years.
Debt Coverage: 603337's debt is well covered by operating cash flow (86.3%).
Interest Coverage: 603337 earns more interest than it pays, so coverage of interest payments is not a concern.