J.Pond Precision Technology Balance Sheet Health
Financial Health criteria checks 5/6
J.Pond Precision Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥103.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥1.6B and CN¥277.1M respectively.
Key information
7.7%
Debt to equity ratio
CN¥103.64m
Debt
Interest coverage ratio | n/a |
Cash | CN¥417.13m |
Equity | CN¥1.35b |
Total liabilities | CN¥277.08m |
Total assets | CN¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301326's short term assets (CN¥843.2M) exceed its short term liabilities (CN¥234.2M).
Long Term Liabilities: 301326's short term assets (CN¥843.2M) exceed its long term liabilities (CN¥42.8M).
Debt to Equity History and Analysis
Debt Level: 301326 has more cash than its total debt.
Reducing Debt: 301326's debt to equity ratio has reduced from 25.4% to 7.7% over the past 5 years.
Debt Coverage: 301326's debt is well covered by operating cash flow (54%).
Interest Coverage: Insufficient data to determine if 301326's interest payments on its debt are well covered by EBIT.