Beijing New Space Technology Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Newce Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥82.8M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥2.0B and CN¥421.5M respectively.
Key information
5.2%
Debt to equity ratio
CN¥82.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥183.60m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥421.55m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605178's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥373.4M).
Long Term Liabilities: 605178's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥48.2M).
Debt to Equity History and Analysis
Debt Level: 605178 has more cash than its total debt.
Reducing Debt: 605178's debt to equity ratio has reduced from 22.3% to 5.2% over the past 5 years.
Debt Coverage: 605178's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 605178's interest payments on its debt are well covered by EBIT.