ZJBC Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
ZJBC Information Technology has a total shareholder equity of CN¥129.7M and total debt of CN¥43.8M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥872.8M and CN¥743.0M respectively.
Key information
33.8%
Debt to equity ratio
CN¥43.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥48.53m |
| Equity | CN¥129.71m |
| Total liabilities | CN¥743.05m |
| Total assets | CN¥872.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000889's short term assets (CN¥672.4M) do not cover its short term liabilities (CN¥722.8M).
Long Term Liabilities: 000889's short term assets (CN¥672.4M) exceed its long term liabilities (CN¥20.2M).
Debt to Equity History and Analysis
Debt Level: 000889 has more cash than its total debt.
Reducing Debt: 000889's debt to equity ratio has increased from 15.2% to 33.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000889 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000889 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.6% per year.