Bangyan Technology Balance Sheet Health
Financial Health criteria checks 5/6
Bangyan Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥9.8M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.8B and CN¥264.2M respectively.
Key information
0.7%
Debt to equity ratio
CN¥9.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥510.76m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥264.17m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688132's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥201.6M).
Long Term Liabilities: 688132's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥62.5M).
Debt to Equity History and Analysis
Debt Level: 688132 has more cash than its total debt.
Reducing Debt: 688132's debt to equity ratio has reduced from 50.6% to 0.7% over the past 5 years.
Debt Coverage: 688132's debt is well covered by operating cash flow (1047.9%).
Interest Coverage: Insufficient data to determine if 688132's interest payments on its debt are well covered by EBIT.