JoeoneLtd Balance Sheet Health
Financial Health criteria checks 6/6
JoeoneLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥402.3M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥5.7B and CN¥1.8B respectively. JoeoneLtd's EBIT is CN¥144.6M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥1.6B.
Key information
10.5%
Debt to equity ratio
CN¥402.28m
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥1.61b |
| Equity | CN¥3.85b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥5.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601566's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 601566's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥286.1M).
Debt to Equity History and Analysis
Debt Level: 601566 has more cash than its total debt.
Reducing Debt: 601566's debt to equity ratio has reduced from 10.6% to 10.5% over the past 5 years.
Debt Coverage: 601566's debt is well covered by operating cash flow (68.2%).
Interest Coverage: 601566 earns more interest than it pays, so coverage of interest payments is not a concern.