Beijing Jiuzhouyigui Environmental Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Jiuzhouyigui Environmental Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥3.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.5B and CN¥178.1M respectively. Beijing Jiuzhouyigui Environmental Technology's EBIT is CN¥12.1M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥689.8M.
Key information
0.3%
Debt to equity ratio
CN¥3.70m
Debt
Interest coverage ratio | -10.8x |
Cash | CN¥689.79m |
Equity | CN¥1.31b |
Total liabilities | CN¥178.10m |
Total assets | CN¥1.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688485's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥157.5M).
Long Term Liabilities: 688485's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥20.6M).
Debt to Equity History and Analysis
Debt Level: 688485 has more cash than its total debt.
Reducing Debt: 688485's debt to equity ratio has reduced from 2.8% to 0.3% over the past 5 years.
Debt Coverage: 688485's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 688485 earns more interest than it pays, so coverage of interest payments is not a concern.