JHT DesignLtd Balance Sheet Health
Financial Health criteria checks 5/6
JHT DesignLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥5.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.4B and CN¥164.1M respectively. JHT DesignLtd's EBIT is CN¥76.9M making its interest coverage ratio -21.2. It has cash and short-term investments of CN¥555.3M.
Key information
0.5%
Debt to equity ratio
CN¥5.81m
Debt
Interest coverage ratio | -21.2x |
Cash | CN¥555.32m |
Equity | CN¥1.25b |
Total liabilities | CN¥164.07m |
Total assets | CN¥1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603061's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥158.3M).
Long Term Liabilities: 603061's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥5.8M).
Debt to Equity History and Analysis
Debt Level: 603061 has more cash than its total debt.
Reducing Debt: 603061's debt to equity ratio has reduced from 21% to 0.5% over the past 5 years.
Debt Coverage: 603061's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603061 earns more interest than it pays, so coverage of interest payments is not a concern.