Jiangsu Bide Science and TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Bide Science and TechnologyLtd has a total shareholder equity of CN¥992.5M and total debt of CN¥13.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥1.2B and CN¥243.2M respectively. Jiangsu Bide Science and TechnologyLtd's EBIT is CN¥31.3M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥185.6M.
Key information
1.3%
Debt to equity ratio
CN¥13.01m
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥185.56m |
| Equity | CN¥992.46m |
| Total liabilities | CN¥243.23m |
| Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Jiangsu Bide Science and TechnologyLtd (SHSE:605298) Strong Profits May Be Masking Some Underlying Issues
Nov 06
Returns On Capital At Jiangsu Bide Science and TechnologyLtd (SHSE:605298) Paint A Concerning Picture
Oct 28Jiangsu Bide Science and Technology Co.,Ltd.'s (SHSE:605298) Shareholders Might Be Looking For Exit
Oct 01Jiangsu Bide Science and TechnologyLtd's (SHSE:605298) Soft Earnings Are Actually Better Than They Appear
May 06Jiangsu Bide Science and TechnologyLtd (SHSE:605298) May Have Issues Allocating Its Capital
Apr 15Financial Position Analysis
Short Term Liabilities: 605298's short term assets (CN¥828.3M) exceed its short term liabilities (CN¥230.6M).
Long Term Liabilities: 605298's short term assets (CN¥828.3M) exceed its long term liabilities (CN¥12.6M).
Debt to Equity History and Analysis
Debt Level: 605298 has more cash than its total debt.
Reducing Debt: 605298's debt to equity ratio has increased from 0.2% to 1.3% over the past 5 years.
Debt Coverage: 605298's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605298 earns more interest than it pays, so coverage of interest payments is not a concern.