Ningbo Joy Intelligent Logistics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Joy Intelligent Logistics TechnologyLtd has a total shareholder equity of CN¥943.4M and total debt of CN¥270.2M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are CN¥1.3B and CN¥354.0M respectively. Ningbo Joy Intelligent Logistics TechnologyLtd's EBIT is CN¥20.2M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥343.3M.
Key information
28.6%
Debt to equity ratio
CN¥270.18m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥343.28m |
| Equity | CN¥943.36m |
| Total liabilities | CN¥354.03m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Ningbo Joy Intelligent Logistics Technology Co.,Ltd. (SZSE:301198) Shares Up 27% But Growth Is Lacking
Aug 18
Some Investors May Be Worried About Ningbo Joy Intelligent Logistics TechnologyLtd's (SZSE:301198) Returns On Capital
Jul 04Ningbo Joy Intelligent Logistics TechnologyLtd (SZSE:301198) Is Paying Out Less In Dividends Than Last Year
May 24Ningbo Joy Intelligent Logistics TechnologyLtd's (SZSE:301198) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 30Financial Position Analysis
Short Term Liabilities: 301198's short term assets (CN¥727.1M) exceed its short term liabilities (CN¥347.9M).
Long Term Liabilities: 301198's short term assets (CN¥727.1M) exceed its long term liabilities (CN¥6.2M).
Debt to Equity History and Analysis
Debt Level: 301198 has more cash than its total debt.
Reducing Debt: 301198's debt to equity ratio has increased from 10.3% to 28.6% over the past 5 years.
Debt Coverage: 301198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301198 earns more interest than it pays, so coverage of interest payments is not a concern.