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¥47.1M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥4.2B and CN¥792.5M respectively. Changsha Jingjia Microelectronics's EBIT is CN¥42.1M making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥969.7M.
Key information
1.4%
Debt to equity ratio
CN¥47.05m
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥969.69m |
| Equity | CN¥3.42b |
| Total liabilities | CN¥792.49m |
| Total assets | CN¥4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300474's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥637.9M).
Long Term Liabilities: 300474's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥154.6M).
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 1.4% over the past 5 years.
Debt Coverage: 300474's debt is well covered by operating cash flow (185.3%).
Interest Coverage: 300474 earns more interest than it pays, so coverage of interest payments is not a concern.