Beijing United Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing United Information TechnologyLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥15.3B and CN¥7.6B respectively. Beijing United Information TechnologyLtd's EBIT is CN¥2.2B making its interest coverage ratio 37.7. It has cash and short-term investments of CN¥5.9B.
Key information
26.9%
Debt to equity ratio
CN¥2.06b
Debt
Interest coverage ratio | 37.7x |
Cash | CN¥5.87b |
Equity | CN¥7.65b |
Total liabilities | CN¥7.62b |
Total assets | CN¥15.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603613's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 603613's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥655.3M).
Debt to Equity History and Analysis
Debt Level: 603613 has more cash than its total debt.
Reducing Debt: 603613's debt to equity ratio has reduced from 30.2% to 26.9% over the past 5 years.
Debt Coverage: 603613's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 603613's interest payments on its debt are well covered by EBIT (37.7x coverage).