JWIPC Technology Balance Sheet Health
Financial Health criteria checks 4/6
JWIPC Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥313.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥3.2B and CN¥1.3B respectively. JWIPC Technology's EBIT is CN¥69.8M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥675.5M.
Key information
16.0%
Debt to equity ratio
CN¥313.04m
Debt
Interest coverage ratio | -16.4x |
Cash | CN¥675.52m |
Equity | CN¥1.96b |
Total liabilities | CN¥1.26b |
Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001339's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 001339's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥27.9M).
Debt to Equity History and Analysis
Debt Level: 001339 has more cash than its total debt.
Reducing Debt: 001339's debt to equity ratio has increased from 0% to 16% over the past 5 years.
Debt Coverage: 001339's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001339 earns more interest than it pays, so coverage of interest payments is not a concern.