Beijing Jingwei Hirain Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Jingwei Hirain Technologies has a total shareholder equity of CN¥4.4B and total debt of CN¥645.8M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥8.9B and CN¥4.5B respectively.
Key information
14.7%
Debt to equity ratio
CN¥645.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.08b |
| Equity | CN¥4.39b |
| Total liabilities | CN¥4.50b |
| Total assets | CN¥8.89b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688326's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 688326's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥433.0M).
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 53.1% to 14.7% 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.