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¥986.9M and total debt of CN¥23.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥1.2B and CN¥249.0M respectively. Jiangsu Bide Science and TechnologyLtd's EBIT is CN¥18.6M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥210.2M.
Key information
2.3%
Debt to equity ratio
CN¥23.01m
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥210.23m |
| Equity | CN¥986.93m |
| Total liabilities | CN¥249.01m |
| Total assets | CN¥1.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605298's short term assets (CN¥828.4M) exceed its short term liabilities (CN¥237.4M).
Long Term Liabilities: 605298's short term assets (CN¥828.4M) exceed its long term liabilities (CN¥11.7M).
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 0.1% to 2.3% 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.