Beijing Jingwei Hirain Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Jingwei Hirain Technologies has a total shareholder equity of CN¥4.6B and total debt of CN¥586.4M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥9.0B and CN¥4.4B respectively.
Key information
12.8%
Debt to equity ratio
CN¥586.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.51b |
| Equity | CN¥4.58b |
| Total liabilities | CN¥4.40b |
| Total assets | CN¥8.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688326's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 688326's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥492.0M).
Debt to Equity History and Analysis
Debt Level: 688326 has more cash than its total debt.
Reducing Debt: 688326's debt to equity ratio has reduced from 57.5% to 12.8% over the past 5 years.
Debt Coverage: 688326's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688326's interest payments on its debt are well covered by EBIT.