Shenzhen Injoinic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Injoinic TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥130.9M respectively. Shenzhen Injoinic TechnologyLtd's EBIT is CN¥11.8M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥732.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥732.78m |
Equity | CN¥1.82b |
Total liabilities | CN¥130.90m |
Total assets | CN¥1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688209's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥117.1M).
Long Term Liabilities: 688209's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥13.8M).
Debt to Equity History and Analysis
Debt Level: 688209 is debt free.
Reducing Debt: 688209 had no debt 5 years ago.
Debt Coverage: 688209 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688209 has no debt, therefore coverage of interest payments is not a concern.