Beijing United Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing United Information TechnologyLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are CN¥14.0B and CN¥6.6B respectively. Beijing United Information TechnologyLtd's EBIT is CN¥2.1B making its interest coverage ratio -219.9. It has cash and short-term investments of CN¥6.0B.
Key information
27.2%
Debt to equity ratio
CN¥2.01b
Debt
Interest coverage ratio | -219.9x |
Cash | CN¥5.96b |
Equity | CN¥7.38b |
Total liabilities | CN¥6.63b |
Total assets | CN¥14.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603613's short term assets (CN¥13.0B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 603613's short term assets (CN¥13.0B) exceed its long term liabilities (CN¥26.1M).
Debt to Equity History and Analysis
Debt Level: 603613 has more cash than its total debt.
Reducing Debt: 603613's debt to equity ratio has reduced from 32.3% to 27.2% over the past 5 years.
Debt Coverage: 603613's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 603613 earns more interest than it pays, so coverage of interest payments is not a concern.