Beijing Beimo High-tech Frictional MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Beimo High-tech Frictional MaterialLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.7B and CN¥753.6M respectively. Beijing Beimo High-tech Frictional MaterialLtd's EBIT is CN¥396.8M making its interest coverage ratio -52.5. It has cash and short-term investments of CN¥720.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -52.5x |
| Cash | CN¥720.62m |
| Equity | CN¥3.97b |
| Total liabilities | CN¥753.57m |
| Total assets | CN¥4.72b |
Financial Position Analysis
Short Term Liabilities: 002985's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥651.3M).
Long Term Liabilities: 002985's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥102.3M).
Debt to Equity History and Analysis
Debt Level: 002985 is debt free.
Reducing Debt: 002985 had no debt 5 years ago.
Debt Coverage: 002985 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002985 has no debt, therefore coverage of interest payments is not a concern.