Beijing Watertek Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Watertek Information Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥198.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥5.6B and CN¥2.4B respectively.
Key information
6.3%
Debt to equity ratio
CN¥198.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥990.58m |
| Equity | CN¥3.17b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥5.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300324's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300324's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥256.8M).
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 9.4% to 6.3% 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 a year based on its current free cash flow.
Forecast Cash Runway: 300324 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 30% each year.