Shenzhen JT Automation EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen JT Automation EquipmentLtd has a total shareholder equity of CN¥854.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥307.6M respectively. Shenzhen JT Automation EquipmentLtd's EBIT is CN¥20.6M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥362.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥362.85m |
| Equity | CN¥854.73m |
| Total liabilities | CN¥307.62m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital
Jun 13
Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings
Apr 29Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk
Apr 22Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected
Mar 07Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 300400's short term assets (CN¥869.3M) exceed its short term liabilities (CN¥286.1M).
Long Term Liabilities: 300400's short term assets (CN¥869.3M) exceed its long term liabilities (CN¥21.5M).
Debt to Equity History and Analysis
Debt Level: 300400 is debt free.
Reducing Debt: 300400 has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.
Debt Coverage: 300400 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300400 has no debt, therefore coverage of interest payments is not a concern.