JC Finance & Tax Interconnect Holdings Balance Sheet Health
Financial Health criteria checks 5/6
JC Finance & Tax Interconnect Holdings has a total shareholder equity of CN¥1.5B and total debt of CN¥281.8M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively. JC Finance & Tax Interconnect Holdings's EBIT is CN¥18.0M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥422.1M.
Key information
19.1%
Debt to equity ratio
CN¥281.77m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥422.12m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002530's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥948.4M).
Long Term Liabilities: 002530's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥123.2M).
Debt to Equity History and Analysis
Debt Level: 002530 has more cash than its total debt.
Reducing Debt: 002530's debt to equity ratio has increased from 5.1% to 19.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002530 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002530 has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 24.2% each year.