Jiangsu Eazytec Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Eazytec has a total shareholder equity of CN¥1.2B and total debt of CN¥290.3M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥1.7B and CN¥459.1M respectively. Jiangsu Eazytec's EBIT is CN¥9.9M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥511.0M.
Key information
24.1%
Debt to equity ratio
CN¥290.27m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥510.97m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥459.11m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688258's short term assets (CN¥765.6M) exceed its short term liabilities (CN¥317.9M).
Long Term Liabilities: 688258's short term assets (CN¥765.6M) exceed its long term liabilities (CN¥141.2M).
Debt to Equity History and Analysis
Debt Level: 688258 has more cash than its total debt.
Reducing Debt: 688258's debt to equity ratio has increased from 11% to 24.1% over the past 5 years.
Debt Coverage: 688258's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 688258 earns more interest than it pays, so coverage of interest payments is not a concern.