JirFine Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 4/6
JirFine Intelligent Equipment has a total shareholder equity of CN¥2.1B and total debt of CN¥26.9M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥3.4B and CN¥1.3B respectively. JirFine Intelligent Equipment's EBIT is CN¥214.2M making its interest coverage ratio -23.9. It has cash and short-term investments of CN¥783.9M.
Key information
1.3%
Debt to equity ratio
CN¥26.88m
Debt
| Interest coverage ratio | -23.9x |
| Cash | CN¥783.86m |
| Equity | CN¥2.11b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301603's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 301603's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥30.8M).
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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301603 earns more interest than it pays, so coverage of interest payments is not a concern.