Guangdong Jiayuan TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Jiayuan TechnologyLtd has a total shareholder equity of CN¥7.2B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥12.2B and CN¥5.0B respectively. Guangdong Jiayuan TechnologyLtd's EBIT is CN¥20.6M making its interest coverage ratio 13.9. It has cash and short-term investments of CN¥2.6B.
Key information
46.2%
Debt to equity ratio
CN¥3.34b
Debt
| Interest coverage ratio | 13.9x |
| Cash | CN¥2.63b |
| Equity | CN¥7.22b |
| Total liabilities | CN¥4.95b |
| Total assets | CN¥12.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688388's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688388's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 688388's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 688388's debt to equity ratio has increased from 25.6% to 46.2% over the past 5 years.
Debt Coverage: 688388's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 688388's interest payments on its debt are well covered by EBIT (13.9x coverage).