Jack TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jack TechnologyLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥556.7M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥7.8B and CN¥3.1B respectively. Jack TechnologyLtd's EBIT is CN¥746.5M making its interest coverage ratio -17. It has cash and short-term investments of CN¥717.7M.
Key information
12.0%
Debt to equity ratio
CN¥556.68m
Debt
| Interest coverage ratio | -17x |
| Cash | CN¥717.67m |
| Equity | CN¥4.66b |
| Total liabilities | CN¥3.15b |
| Total assets | CN¥7.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603337's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 603337's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥251.6M).
Debt to Equity History and Analysis
Debt Level: 603337 has more cash than its total debt.
Reducing Debt: 603337's debt to equity ratio has reduced from 15% to 12% over the past 5 years.
Debt Coverage: 603337's debt is well covered by operating cash flow (274%).
Interest Coverage: 603337 earns more interest than it pays, so coverage of interest payments is not a concern.