Jiangxi Xinyu Guoke Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Xinyu Guoke Technology has a total shareholder equity of CN¥596.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥823.2M and CN¥227.0M respectively. Jiangxi Xinyu Guoke Technology's EBIT is CN¥83.8M making its interest coverage ratio -39.1. It has cash and short-term investments of CN¥164.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -39.1x |
| Cash | CN¥164.54m |
| Equity | CN¥596.21m |
| Total liabilities | CN¥226.95m |
| Total assets | CN¥823.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300722's short term assets (CN¥579.2M) exceed its short term liabilities (CN¥196.9M).
Long Term Liabilities: 300722's short term assets (CN¥579.2M) exceed its long term liabilities (CN¥30.1M).
Debt to Equity History and Analysis
Debt Level: 300722 is debt free.
Reducing Debt: 300722 had no debt 5 years ago.
Debt Coverage: 300722 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300722 has no debt, therefore coverage of interest payments is not a concern.