Beijing Shengtong Printing Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Shengtong Printing has a total shareholder equity of CN¥1.5B and total debt of CN¥118.5M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively. Beijing Shengtong Printing's EBIT is CN¥24.7M making its interest coverage ratio 773.1. It has cash and short-term investments of CN¥314.5M.
Key information
8.1%
Debt to equity ratio
CN¥118.51m
Debt
Interest coverage ratio | 773.1x |
Cash | CN¥314.46m |
Equity | CN¥1.46b |
Total liabilities | CN¥1.12b |
Total assets | CN¥2.58b |
Financial Position Analysis
Short Term Liabilities: 002599's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002599's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥94.5M).
Debt to Equity History and Analysis
Debt Level: 002599 has more cash than its total debt.
Reducing Debt: 002599's debt to equity ratio has increased from 6.9% to 8.1% over the past 5 years.
Debt Coverage: 002599's debt is well covered by operating cash flow (111.2%).
Interest Coverage: 002599's interest payments on its debt are well covered by EBIT (773.1x coverage).