Beijing Worldia Diamond ToolsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Worldia Diamond ToolsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥126.4M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥2.3B and CN¥341.2M respectively. Beijing Worldia Diamond ToolsLtd's EBIT is CN¥105.9M making its interest coverage ratio -73.8. It has cash and short-term investments of CN¥219.2M.
Key information
6.5%
Debt to equity ratio
CN¥126.39m
Debt
| Interest coverage ratio | -73.8x |
| Cash | CN¥219.15m |
| Equity | CN¥1.94b |
| Total liabilities | CN¥341.19m |
| Total assets | CN¥2.28b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Beijing Worldia Diamond ToolsLtd (SHSE:688028) Shareholders
Nov 08
Investors Continue Waiting On Sidelines For Beijing Worldia Diamond Tools Co.,Ltd. (SHSE:688028)
Sep 30The Market Doesn't Like What It Sees From Beijing Worldia Diamond Tools Co.,Ltd.'s (SHSE:688028) Earnings Yet
Jun 07Earnings Release: Here's Why Analysts Cut Their Beijing Worldia Diamond Tools Co.,Ltd. (SHSE:688028) Price Target To CN¥22.00
Apr 23Even With A 35% Surge, Cautious Investors Are Not Rewarding Beijing Worldia Diamond Tools Co.,Ltd.'s (SHSE:688028) Performance Completely
Mar 08Financial Position Analysis
Short Term Liabilities: 688028's short term assets (CN¥794.0M) exceed its short term liabilities (CN¥257.3M).
Long Term Liabilities: 688028's short term assets (CN¥794.0M) exceed its long term liabilities (CN¥83.9M).
Debt to Equity History and Analysis
Debt Level: 688028 has more cash than its total debt.
Reducing Debt: 688028's debt to equity ratio has increased from 0% to 6.5% over the past 5 years.
Debt Coverage: 688028's debt is well covered by operating cash flow (116.3%).
Interest Coverage: 688028 earns more interest than it pays, so coverage of interest payments is not a concern.