Beijing Watertek Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Watertek Information Technology has a total shareholder equity of CN¥3.3B and total debt of CN¥193.5M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥5.6B and CN¥2.3B respectively.
Key information
5.9%
Debt to equity ratio
CN¥193.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.02b |
| Equity | CN¥3.28b |
| Total liabilities | CN¥2.27b |
| Total assets | CN¥5.55b |
Recent financial health updates
Is Beijing Watertek Information Technology (SZSE:300324) Using Too Much Debt?
Jul 30
Is Beijing Watertek Information Technology (SZSE:300324) Using Debt Sensibly?
Apr 21Recent updates
Is Beijing Watertek Information Technology (SZSE:300324) Using Too Much Debt?
Jul 30The Market Doesn't Like What It Sees From Beijing Watertek Information Technology Co., Ltd.'s (SZSE:300324) Revenues Yet As Shares Tumble 30%
Jun 06Is Beijing Watertek Information Technology (SZSE:300324) Using Debt Sensibly?
Apr 21Benign Growth For Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) Underpins Stock's 28% Plummet
Apr 21Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) Surges 42% Yet Its Low P/S Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 300324's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300324's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥287.4M).
Debt to Equity History and Analysis
Debt Level: 300324 has more cash than its total debt.
Reducing Debt: 300324's debt to equity ratio has reduced from 14.8% to 5.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 300324 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300324 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.2% each year