Beijing Jingcheng Machinery Electric Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Jingcheng Machinery Electric has a total shareholder equity of CN¥1.4B and total debt of CN¥290.0M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥3.0B and CN¥1.6B respectively.
Key information
20.9%
Debt to equity ratio
CN¥290.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥429.45m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600860's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥896.6M).
Long Term Liabilities: 600860's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥672.9M).
Debt to Equity History and Analysis
Debt Level: 600860 has more cash than its total debt.
Reducing Debt: 600860's debt to equity ratio has reduced from 46.3% to 20.9% 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: 600860 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600860 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 20% each year.