Ningbo Jianan ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Jianan ElectronicsLtd has a total shareholder equity of CN¥964.4M and total debt of CN¥991.4K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.4B and CN¥473.7M respectively. Ningbo Jianan ElectronicsLtd's EBIT is CN¥180.1M making its interest coverage ratio -38.6. It has cash and short-term investments of CN¥637.7M.
Key information
0.1%
Debt to equity ratio
CN¥991.43k
Debt
Interest coverage ratio | -38.6x |
Cash | CN¥637.71m |
Equity | CN¥964.40m |
Total liabilities | CN¥473.69m |
Total assets | CN¥1.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300880's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥465.7M).
Long Term Liabilities: 300880's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥8.0M).
Debt to Equity History and Analysis
Debt Level: 300880 has more cash than its total debt.
Reducing Debt: 300880's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300880's debt is well covered by operating cash flow (18310.3%).
Interest Coverage: 300880 earns more interest than it pays, so coverage of interest payments is not a concern.