Jiangsu Beiren Robot System Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Beiren Robot System has a total shareholder equity of CN¥955.8M and total debt of CN¥203.8M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥1.9B and CN¥938.8M respectively. Jiangsu Beiren Robot System's EBIT is CN¥90.0M making its interest coverage ratio -71.3. It has cash and short-term investments of CN¥416.8M.
Key information
21.3%
Debt to equity ratio
CN¥203.76m
Debt
| Interest coverage ratio | -71.3x |
| Cash | CN¥416.81m |
| Equity | CN¥955.80m |
| Total liabilities | CN¥938.83m |
| Total assets | CN¥1.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688218's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥784.3M).
Long Term Liabilities: 688218's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥154.5M).
Debt to Equity History and Analysis
Debt Level: 688218 has more cash than its total debt.
Reducing Debt: 688218's debt to equity ratio has reduced from 25.6% to 21.3% over the past 5 years.
Debt Coverage: 688218's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 688218 earns more interest than it pays, so coverage of interest payments is not a concern.