Beijing Tieke Shougang Rail Way-Tech Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Tieke Shougang Rail Way-Tech has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥571.6M respectively. Beijing Tieke Shougang Rail Way-Tech's EBIT is CN¥284.3M making its interest coverage ratio -13.6. It has cash and short-term investments of CN¥1.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -13.6x |
Cash | CN¥1.46b |
Equity | CN¥3.21b |
Total liabilities | CN¥571.56m |
Total assets | CN¥3.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688569's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥552.6M).
Long Term Liabilities: 688569's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥18.9M).
Debt to Equity History and Analysis
Debt Level: 688569 is debt free.
Reducing Debt: 688569 has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: 688569 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688569 has no debt, therefore coverage of interest payments is not a concern.