Jinlei Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jinlei Technology has a total shareholder equity of CN¥6.1B and total debt of CN¥358.1M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥7.0B and CN¥882.7M respectively. Jinlei Technology's EBIT is CN¥320.9M making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥1.8B.
Key information
5.8%
Debt to equity ratio
CN¥358.13m
Debt
Interest coverage ratio | -8.7x |
Cash | CN¥1.76b |
Equity | CN¥6.12b |
Total liabilities | CN¥882.74m |
Total assets | CN¥7.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300443's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥730.6M).
Long Term Liabilities: 300443's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥152.2M).
Debt to Equity History and Analysis
Debt Level: 300443 has more cash than its total debt.
Reducing Debt: 300443's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: 300443's debt is well covered by operating cash flow (129.6%).
Interest Coverage: 300443 earns more interest than it pays, so coverage of interest payments is not a concern.