Jiangsu Xiechang Electronic Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Xiechang Electronic Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥99.0M respectively. Jiangsu Xiechang Electronic Technology Group's EBIT is CN¥69.8M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥1.39b |
| Equity | CN¥1.62b |
| Total liabilities | CN¥98.96m |
| Total assets | CN¥1.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301418's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥83.7M).
Long Term Liabilities: 301418's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥15.3M).
Debt to Equity History and Analysis
Debt Level: 301418 is debt free.
Reducing Debt: 301418 had no debt 5 years ago.
Debt Coverage: 301418 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301418 has no debt, therefore coverage of interest payments is not a concern.