Hefei Jingsong Intelligent TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Jingsong Intelligent TechnologyLtd has a total shareholder equity of CN¥789.7M and total debt of CN¥52.0M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥1.6B and CN¥792.9M respectively. Hefei Jingsong Intelligent TechnologyLtd's EBIT is CN¥23.0M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥278.0M.
Key information
6.6%
Debt to equity ratio
CN¥52.04m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥278.04m |
| Equity | CN¥789.70m |
| Total liabilities | CN¥792.87m |
| Total assets | CN¥1.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688251's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥782.8M).
Long Term Liabilities: 688251's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥10.0M).
Debt to Equity History and Analysis
Debt Level: 688251 has more cash than its total debt.
Reducing Debt: 688251's debt to equity ratio has reduced from 91.5% to 6.6% over the past 5 years.
Debt Coverage: 688251's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688251 earns more interest than it pays, so coverage of interest payments is not a concern.