Ji'an Mankun Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ji'an Mankun Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥73.4M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥2.3B and CN¥589.1M respectively. Ji'an Mankun Technology's EBIT is CN¥81.5M making its interest coverage ratio -80.1. It has cash and short-term investments of CN¥863.1M.
Key information
4.3%
Debt to equity ratio
CN¥73.43m
Debt
Interest coverage ratio | -80.1x |
Cash | CN¥863.13m |
Equity | CN¥1.72b |
Total liabilities | CN¥589.12m |
Total assets | CN¥2.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301132's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥552.2M).
Long Term Liabilities: 301132's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥36.9M).
Debt to Equity History and Analysis
Debt Level: 301132 has more cash than its total debt.
Reducing Debt: 301132's debt to equity ratio has reduced from 15.4% to 4.3% over the past 5 years.
Debt Coverage: 301132's debt is well covered by operating cash flow (179.2%).
Interest Coverage: 301132 earns more interest than it pays, so coverage of interest payments is not a concern.