Shenzhen Bestek Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Bestek Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥267.5M respectively. Shenzhen Bestek Technology's EBIT is CN¥40.5M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥451.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥451.49m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥267.48m |
| Total assets | CN¥1.53b |
Recent financial health updates
No updates
Recent updates
Shenzhen Bestek Technology (SZSE:300822) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 26
Here's What's Concerning About Shenzhen Bestek Technology's (SZSE:300822) Returns On Capital
Apr 16What Shenzhen Bestek Technology Co., Ltd.'s (SZSE:300822) 32% Share Price Gain Is Not Telling You
Mar 06Financial Position Analysis
Short Term Liabilities: 300822's short term assets (CN¥878.1M) exceed its short term liabilities (CN¥236.5M).
Long Term Liabilities: 300822's short term assets (CN¥878.1M) exceed its long term liabilities (CN¥31.0M).
Debt to Equity History and Analysis
Debt Level: 300822 is debt free.
Reducing Debt: 300822 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 300822 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300822 has no debt, therefore coverage of interest payments is not a concern.