Jiangsu Gian Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Gian Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥58.8M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥3.2B and CN¥1.1B respectively. Jiangsu Gian Technology's EBIT is CN¥184.4M making its interest coverage ratio -724.1. It has cash and short-term investments of CN¥694.1M.
Key information
2.8%
Debt to equity ratio
CN¥58.83m
Debt
| Interest coverage ratio | -724.1x |
| Cash | CN¥694.10m |
| Equity | CN¥2.11b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥3.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥109.6M).
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 0% to 2.8% over the past 5 years.
Debt Coverage: 300709's debt is well covered by operating cash flow (720.8%).
Interest Coverage: 300709 earns more interest than it pays, so coverage of interest payments is not a concern.