Jadard Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jadard Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥289.5M respectively. Jadard Technology's EBIT is CN¥73.1M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1.4x |
Cash | CN¥1.67b |
Equity | CN¥1.94b |
Total liabilities | CN¥289.51m |
Total assets | CN¥2.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688252's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥283.5M).
Long Term Liabilities: 688252's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 688252 is debt free.
Reducing Debt: 688252 has no debt compared to 5 years ago when its debt to equity ratio was 42.8%.
Debt Coverage: 688252 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688252 has no debt, therefore coverage of interest payments is not a concern.