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¥986.1M and total debt of CN¥35.2M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.3B and CN¥279.1M respectively. Jiangsu Bide Science and TechnologyLtd's EBIT is CN¥33.9M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥352.6M.
Key information
3.6%
Debt to equity ratio
CN¥35.23m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥352.65m |
| Equity | CN¥986.14m |
| Total liabilities | CN¥279.09m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605298's short term assets (CN¥879.0M) exceed its short term liabilities (CN¥270.3M).
Long Term Liabilities: 605298's short term assets (CN¥879.0M) exceed its long term liabilities (CN¥8.8M).
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% to 3.6% 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.