Shenzhen Jiang&Associates Creative Design Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Jiang&Associates Creative Design has a total shareholder equity of CN¥779.6M and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥1.2B and CN¥401.5M respectively. Shenzhen Jiang&Associates Creative Design's EBIT is CN¥46.2M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥300.5M.
Key information
3.8%
Debt to equity ratio
CN¥30.00m
Debt
Interest coverage ratio | -10.3x |
Cash | CN¥300.48m |
Equity | CN¥779.56m |
Total liabilities | CN¥401.49m |
Total assets | CN¥1.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300668's short term assets (CN¥973.9M) exceed its short term liabilities (CN¥368.0M).
Long Term Liabilities: 300668's short term assets (CN¥973.9M) exceed its long term liabilities (CN¥33.5M).
Debt to Equity History and Analysis
Debt Level: 300668 has more cash than its total debt.
Reducing Debt: 300668's debt to equity ratio has increased from 0.2% to 3.8% over the past 5 years.
Debt Coverage: 300668's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300668 earns more interest than it pays, so coverage of interest payments is not a concern.