Jingrui Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Jingrui Holdings has a total shareholder equity of CN¥4.2B and total debt of CN¥17.8B, which brings its debt-to-equity ratio to 423.6%. Its total assets and total liabilities are CN¥39.5B and CN¥35.3B respectively.
Key information
423.6%
Debt to equity ratio
CN¥17.81b
Debt
Interest coverage ratio | n/a |
Cash | CN¥961.49m |
Equity | CN¥4.20b |
Total liabilities | CN¥35.30b |
Total assets | CN¥39.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9JW's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥29.7B).
Long Term Liabilities: 9JW's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 9JW's net debt to equity ratio (400.8%) is considered high.
Reducing Debt: 9JW's debt to equity ratio has increased from 224.4% to 423.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 9JW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9JW is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.5% per year.