Jing-Jan Retail Business Balance Sheet Health
Financial Health criteria checks 3/6
Jing-Jan Retail Business has a total shareholder equity of NT$1.1B and total debt of NT$920.5M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are NT$5.6B and NT$4.5B respectively. Jing-Jan Retail Business's EBIT is NT$315.6M making its interest coverage ratio 3.4. It has cash and short-term investments of NT$634.4M.
Key information
81.3%
Debt to equity ratio
NT$920.52m
Debt
| Interest coverage ratio | 3.4x |
| Cash | NT$634.43m |
| Equity | NT$1.13b |
| Total liabilities | NT$4.47b |
| Total assets | NT$5.60b |
Recent financial health updates
Recent updates
Is Jing-Jan Retail Business (GTSM:2942) A Risky Investment?
Apr 20
Estimating The Intrinsic Value Of Jing-Jan Retail Business Co., Ltd. (GTSM:2942)
Apr 05Factors Income Investors Should Consider Before Adding Jing-Jan Retail Business Co., Ltd. (GTSM:2942) To Their Portfolio
Mar 18Declining Stock and Decent Financials: Is The Market Wrong About Jing-Jan Retail Business Co., Ltd. (GTSM:2942)?
Feb 02Jing-Jan Retail Business (GTSM:2942) Share Prices Have Dropped 10% In The Last Year
Jan 07Is Jing-Jan Retail Business Co., Ltd. (GTSM:2942) A Good Dividend Stock?
Dec 15
Should You Be Impressed By Jing-Jan Retail Business' (GTSM:2942) Returns on Capital?
Nov 24Financial Position Analysis
Short Term Liabilities: 2942's short term assets (NT$786.9M) do not cover its short term liabilities (NT$1.5B).
Long Term Liabilities: 2942's short term assets (NT$786.9M) do not cover its long term liabilities (NT$3.0B).
Debt to Equity History and Analysis
Debt Level: 2942's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: 2942's debt to equity ratio has increased from 0% to 81.3% over the past 5 years.
Debt Coverage: 2942's debt is well covered by operating cash flow (94.5%).
Interest Coverage: 2942's interest payments on its debt are well covered by EBIT (3.4x coverage).