Beijing SOJO Electric Balance Sheet Health
Financial Health criteria checks 3/6
Beijing SOJO Electric has a total shareholder equity of CN¥1.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are CN¥5.9B and CN¥4.1B respectively. Beijing SOJO Electric's EBIT is CN¥207.8M making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥289.6M.
Key information
79.8%
Debt to equity ratio
CN¥1.38b
Debt
| Interest coverage ratio | 6.5x |
| Cash | CN¥289.60m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥4.13b |
| Total assets | CN¥5.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300444's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300444's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300444's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 300444's debt to equity ratio has increased from 33.3% to 79.8% over the past 5 years.
Debt Coverage: 300444's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300444's interest payments on its debt are well covered by EBIT (6.5x coverage).