Changsha Jingjia Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Changsha Jingjia Microelectronics has a total shareholder equity of CN¥3.4B and total debt of CN¥202.3M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥4.2B and CN¥780.7M respectively. Changsha Jingjia Microelectronics's EBIT is CN¥18.8M making its interest coverage ratio -5. It has cash and short-term investments of CN¥1.1B.
Key information
5.9%
Debt to equity ratio
CN¥202.25m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥1.08b |
| Equity | CN¥3.41b |
| Total liabilities | CN¥780.68m |
| Total assets | CN¥4.19b |
Recent financial health updates
Recent updates
Changsha Jingjia Microelectronics Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28
The Price Is Right For Changsha Jingjia Microelectronics Co., Ltd. (SZSE:300474) Even After Diving 33%
Apr 16After Leaping 30% Changsha Jingjia Microelectronics Co., Ltd. (SZSE:300474) Shares Are Not Flying Under The Radar
Mar 01These 4 Measures Indicate That Changsha Jingjia Microelectronics (SZSE:300474) Is Using Debt Extensively
Feb 27Financial Position Analysis
Short Term Liabilities: 300474's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥602.2M).
Long Term Liabilities: 300474's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥178.4M).
Debt to Equity History and Analysis
Debt Level: 300474 has more cash than its total debt.
Reducing Debt: 300474's debt to equity ratio has increased from 0% to 5.9% over the past 5 years.
Debt Coverage: 300474's debt is well covered by operating cash flow (130.3%).
Interest Coverage: 300474 earns more interest than it pays, so coverage of interest payments is not a concern.