Beijing Easpring Material TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Easpring Material TechnologyLTD has a total shareholder equity of CN¥13.5B and total debt of CN¥59.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥16.6B and CN¥3.1B respectively. Beijing Easpring Material TechnologyLTD's EBIT is CN¥1.6B making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥6.5B.
Key information
0.4%
Debt to equity ratio
CN¥59.24m
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥6.46b |
| Equity | CN¥13.48b |
| Total liabilities | CN¥3.12b |
| Total assets | CN¥16.60b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Beijing Easpring Material TechnologyLTD (SZSE:300073) Is Using Debt Reasonably Well
May 22
Analysts Are More Bearish On Beijing Easpring Material Technology CO.,LTD. (SZSE:300073) Than They Used To Be
Apr 29Beijing Easpring Material Technology CO.,LTD. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28A Look At The Fair Value Of Beijing Easpring Material Technology CO.,LTD. (SZSE:300073)
Apr 23Beijing Easpring Material TechnologyLTD's (SZSE:300073) Problems Go Beyond Weak Profit
Apr 05Beijing Easpring Material Technology CO.,LTD.'s (SZSE:300073) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Apr 04Beijing Easpring Material Technology CO.,LTD. (SZSE:300073) Analysts Are Reducing Their Forecasts For This Year
Apr 02Financial Position Analysis
Short Term Liabilities: 300073's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300073's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥555.4M).
Debt to Equity History and Analysis
Debt Level: 300073 has more cash than its total debt.
Reducing Debt: 300073's debt to equity ratio has reduced from 8.3% to 0.4% over the past 5 years.
Debt Coverage: 300073's debt is well covered by operating cash flow (1958.6%).
Interest Coverage: 300073 earns more interest than it pays, so coverage of interest payments is not a concern.