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¥1.1B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CN¥4.2B and CN¥2.1B respectively. Jiangsu Transimage Technology's EBIT is CN¥6.8M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥778.8M.
Key information
51.0%
Debt to equity ratio
CN¥1.06b
Debt
Interest coverage ratio | 0.5x |
Cash | CN¥778.78m |
Equity | CN¥2.08b |
Total liabilities | CN¥2.08b |
Total assets | CN¥4.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002866's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002866's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥232.8M).
Debt to Equity History and Analysis
Debt Level: 002866's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: 002866's debt to equity ratio has increased from 28.7% to 51% over the past 5 years.
Debt Coverage: 002866's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 002866's interest payments on its debt are not well covered by EBIT (0.5x coverage).