Jiangsu Zhongtian Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Zhongtian Technology has a total shareholder equity of CN¥34.6B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥54.0B and CN¥19.4B respectively. Jiangsu Zhongtian Technology's EBIT is CN¥2.9B making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥12.9B.
Key information
15.4%
Debt to equity ratio
CN¥5.34b
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥12.94b |
Equity | CN¥34.63b |
Total liabilities | CN¥19.37b |
Total assets | CN¥54.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600522's short term assets (CN¥37.2B) exceed its short term liabilities (CN¥17.2B).
Long Term Liabilities: 600522's short term assets (CN¥37.2B) exceed its long term liabilities (CN¥2.1B).
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 32.2% to 15.4% over the past 5 years.
Debt Coverage: 600522's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 600522 earns more interest than it pays, so coverage of interest payments is not a concern.