Hangzhou Jingye Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Jingye Intelligent Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥47.4M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥1.5B and CN¥257.8M respectively. Hangzhou Jingye Intelligent Technology's EBIT is CN¥20.1M making its interest coverage ratio 35.4. It has cash and short-term investments of CN¥657.9M.
Key information
3.8%
Debt to equity ratio
CN¥47.41m
Debt
| Interest coverage ratio | 35.4x |
| Cash | CN¥657.86m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥257.85m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688290's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥203.0M).
Long Term Liabilities: 688290's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥54.9M).
Debt to Equity History and Analysis
Debt Level: 688290 has more cash than its total debt.
Reducing Debt: 688290's debt to equity ratio has reduced from 36.7% to 3.8% over the past 5 years.
Debt Coverage: 688290's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 688290's interest payments on its debt are well covered by EBIT (35.4x coverage).