Jiangsu Zhongtian Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Zhongtian Technology has a total shareholder equity of CN¥35.7B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥57.8B and CN¥22.2B respectively. Jiangsu Zhongtian Technology's EBIT is CN¥2.9B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥13.0B.
Key information
15.1%
Debt to equity ratio
CN¥5.39b
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥13.01b |
| Equity | CN¥35.66b |
| Total liabilities | CN¥22.15b |
| Total assets | CN¥57.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600522's short term assets (CN¥40.8B) exceed its short term liabilities (CN¥19.3B).
Long Term Liabilities: 600522's short term assets (CN¥40.8B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600522 has more cash than its total debt.
Reducing Debt: 600522's debt to equity ratio has reduced from 29% to 15.1% over the past 5 years.
Debt Coverage: 600522's debt is well covered by operating cash flow (94.3%).
Interest Coverage: 600522 earns more interest than it pays, so coverage of interest payments is not a concern.