Bangyan Technology Balance Sheet Health
Financial Health criteria checks 5/6
Bangyan Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥69.2M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥1.9B and CN¥301.3M respectively.
Key information
4.4%
Debt to equity ratio
CN¥69.18m
Debt
Interest coverage ratio | n/a |
Cash | CN¥562.55m |
Equity | CN¥1.56b |
Total liabilities | CN¥301.26m |
Total assets | CN¥1.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688132's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥236.8M).
Long Term Liabilities: 688132's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥64.5M).
Debt to Equity History and Analysis
Debt Level: 688132 has more cash than its total debt.
Reducing Debt: 688132's debt to equity ratio has reduced from 234.8% to 4.4% over the past 5 years.
Debt Coverage: 688132's debt is well covered by operating cash flow (182.1%).
Interest Coverage: Insufficient data to determine if 688132's interest payments on its debt are well covered by EBIT.