Jiangsu Transimage Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Transimage Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are CN¥4.3B and CN¥2.2B respectively. Jiangsu Transimage Technology's EBIT is CN¥5.5M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥802.9M.
Key information
55.3%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥802.94m |
| Equity | CN¥2.09b |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥4.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002866's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002866's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥334.4M).
Debt to Equity History and Analysis
Debt Level: 002866's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 002866's debt to equity ratio has increased from 25.2% to 55.3% over the past 5 years.
Debt Coverage: 002866's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 002866's interest payments on its debt are not well covered by EBIT (0.5x coverage).