Zhejiang Jinggong Integration Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jinggong Integration Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥408.0M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥2.9B and CN¥1.6B respectively. Zhejiang Jinggong Integration Technology's EBIT is CN¥74.2M making its interest coverage ratio -18.4. It has cash and short-term investments of CN¥554.7M.
Key information
31.1%
Debt to equity ratio
CN¥408.00m
Debt
| Interest coverage ratio | -18.4x |
| Cash | CN¥554.69m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥2.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002006's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002006's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥37.6M).
Debt to Equity History and Analysis
Debt Level: 002006 has more cash than its total debt.
Reducing Debt: 002006's debt to equity ratio has increased from 21.6% to 31.1% over the past 5 years.
Debt Coverage: 002006's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002006 earns more interest than it pays, so coverage of interest payments is not a concern.