Jiangsu Gian Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Gian Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥122.9M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.2B respectively. Jiangsu Gian Technology's EBIT is CN¥181.8M making its interest coverage ratio 33.5. It has cash and short-term investments of CN¥755.7M.
Key information
6.1%
Debt to equity ratio
CN¥122.88m
Debt
| Interest coverage ratio | 33.5x |
| Cash | CN¥755.65m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥3.22b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥111.9M).
Debt to Equity History and Analysis
Debt Level: 300709 has more cash than its total debt.
Reducing Debt: 300709's debt to equity ratio has increased from 3.9% to 6.1% over the past 5 years.
Debt Coverage: 300709's debt is well covered by operating cash flow (289.1%).
Interest Coverage: 300709's interest payments on its debt are well covered by EBIT (33.5x coverage).