Jintuo Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jintuo Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥439.8M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥1.8B and CN¥663.2M respectively. Jintuo Technology's EBIT is CN¥66.4M making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥117.8M.
Key information
37.2%
Debt to equity ratio
CN¥439.78m
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥117.82m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥663.23m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603211's short term assets (CN¥770.8M) exceed its short term liabilities (CN¥617.2M).
Long Term Liabilities: 603211's short term assets (CN¥770.8M) exceed its long term liabilities (CN¥46.1M).
Debt to Equity History and Analysis
Debt Level: 603211's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 603211's debt to equity ratio has increased from 28.6% to 37.2% over the past 5 years.
Debt Coverage: 603211's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 603211's interest payments on its debt are well covered by EBIT (5.7x coverage).