JirFine Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 5/6
JirFine Intelligent Equipment has a total shareholder equity of CN¥1.3B and total debt of CN¥13.3M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥2.2B and CN¥915.7M respectively. JirFine Intelligent Equipment's EBIT is CN¥184.0M making its interest coverage ratio -44.4. It has cash and short-term investments of CN¥163.9M.
Key information
1.1%
Debt to equity ratio
CN¥13.33m
Debt
Interest coverage ratio | -44.4x |
Cash | CN¥163.94m |
Equity | CN¥1.26b |
Total liabilities | CN¥915.66m |
Total assets | CN¥2.17b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301603's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥899.7M).
Long Term Liabilities: 301603's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥16.0M).
Debt to Equity History and Analysis
Debt Level: 301603 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301603's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301603's debt is well covered by operating cash flow (1324.8%).
Interest Coverage: 301603 earns more interest than it pays, so coverage of interest payments is not a concern.