Jiangsu Tongxingbao Intelligent Transportation Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Tongxingbao Intelligent Transportation Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥13.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥5.6B and CN¥2.9B respectively. Jiangsu Tongxingbao Intelligent Transportation Technology's EBIT is CN¥137.0M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥3.1B.
Key information
0.5%
Debt to equity ratio
CN¥13.86m
Debt
Interest coverage ratio | -1.2x |
Cash | CN¥3.06b |
Equity | CN¥2.73b |
Total liabilities | CN¥2.85b |
Total assets | CN¥5.59b |
Recent financial health updates
No updates
Recent updates
Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Is Increasing Its Dividend To CN¥0.30
Jul 01Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Will Be Hoping To Turn Its Returns On Capital Around
Jun 18Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Will Be Hoping To Turn Its Returns On Capital Around
Feb 26Financial Position Analysis
Short Term Liabilities: 301339's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 301339's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥22.8M).
Debt to Equity History and Analysis
Debt Level: 301339 has more cash than its total debt.
Reducing Debt: 301339's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 301339's debt is well covered by operating cash flow (1839.9%).
Interest Coverage: 301339 earns more interest than it pays, so coverage of interest payments is not a concern.