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¥319.3M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CN¥1.7B and CN¥507.7M respectively. Jiangsu Eazytec's EBIT is CN¥9.3M making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥515.2M.
Key information
27.7%
Debt to equity ratio
CN¥319.28m
Debt
| Interest coverage ratio | -11.9x |
| Cash | CN¥515.17m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥507.67m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
There Might Be More To Jiangsu Eazytec's (SHSE:688258) Story Than Just Weak Earnings
Sep 03
There's Reason For Concern Over Jiangsu Eazytec Co., Ltd.'s (SHSE:688258) Price
Jul 22Estimating The Intrinsic Value Of Jiangsu Eazytec Co., Ltd. (SHSE:688258)
May 21Jiangsu Eazytec Co., Ltd.'s (SHSE:688258) Popularity With Investors Under Threat As Stock Sinks 28%
Apr 21Jiangsu Eazytec Co., Ltd. (SHSE:688258) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 688258's short term assets (CN¥774.0M) exceed its short term liabilities (CN¥366.8M).
Long Term Liabilities: 688258's short term assets (CN¥774.0M) exceed its long term liabilities (CN¥140.8M).
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 11.7% to 27.7% over the past 5 years.
Debt Coverage: 688258's debt is well covered by operating cash flow (35.4%).
Interest Coverage: 688258 earns more interest than it pays, so coverage of interest payments is not a concern.