JHT DesignLtd Balance Sheet Health
Financial Health criteria checks 6/6
JHT DesignLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥29.5M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥1.5B and CN¥220.4M respectively. JHT DesignLtd's EBIT is CN¥57.3M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥523.4M.
Key information
2.3%
Debt to equity ratio
CN¥29.54m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥523.45m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥220.38m |
| Total assets | CN¥1.50b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603061's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥215.5M).
Long Term Liabilities: 603061's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.9M).
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 25.8% to 2.3% over the past 5 years.
Debt Coverage: 603061's debt is well covered by operating cash flow (195.4%).
Interest Coverage: 603061 earns more interest than it pays, so coverage of interest payments is not a concern.