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¥297.4M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively. JC Finance & Tax Interconnect Holdings's EBIT is CN¥13.6M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥380.2M.
Key information
20.0%
Debt to equity ratio
CN¥297.35m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥380.19m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002530's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥968.9M).
Long Term Liabilities: 002530's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥118.9M).
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 4.1% to 20% 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 2.6 years if free cash flow continues to grow at historical rates of 22.3% each year.