Zhongji Innolight Financial Health
How is Zhongji Innolight's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 300308's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300308's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 300308 has more cash than its total debt.
Reducing Debt: 300308's debt to equity ratio has increased from 18.1% to 18.1% over the past 5 years.
Debt Coverage: 300308's debt is well covered by operating cash flow (88.9%).
Interest Coverage: 300308 earns more interest than it pays, so coverage of interest payments is not a concern.