Jones Tech Balance Sheet Health
Financial Health criteria checks 6/6
Jones Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥24.4M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥1.9B and CN¥363.4M respectively. Jones Tech's EBIT is CN¥190.2M making its interest coverage ratio -23.6. It has cash and short-term investments of CN¥713.0M.
Key information
1.6%
Debt to equity ratio
CN¥24.41m
Debt
Interest coverage ratio | -23.6x |
Cash | CN¥713.00m |
Equity | CN¥1.57b |
Total liabilities | CN¥363.39m |
Total assets | CN¥1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300684's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥359.6M).
Long Term Liabilities: 300684's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥3.8M).
Debt to Equity History and Analysis
Debt Level: 300684 has more cash than its total debt.
Reducing Debt: 300684's debt to equity ratio has reduced from 26.5% to 1.6% over the past 5 years.
Debt Coverage: 300684's debt is well covered by operating cash flow (1552.9%).
Interest Coverage: 300684 earns more interest than it pays, so coverage of interest payments is not a concern.