Jianpu Technology's net debt stood at CNY -768 mil and accounted for -48.9% of equity at the end of 2Q2019. The ratio is up 21.2 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 0% in 2Q2017 and a low of -100% in 4Q2017 between 4Q2016 and 2Q2019. The average for the last five years was -45.5%.
Net debt to EBITDA was calculated at 9.69x at the end of the quarter. That is up from x seen in 2014-06-30. The ratio reached a high of 12.6x in 1Q2019 and a low of 0x in 4Q2016.
The company’s cost of funding amounted to 0% in 2Q2019, up which is above the 5-year of 0%. Funding costs have “eaten” some 0% of the operating profit generated in 2019.
You can see all the company’s data at Jianpu Technology profile, or you can download a report on the company in the report section.
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