Beijing Telesound Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Telesound Electronics has a total shareholder equity of CN¥796.2M and total debt of CN¥232.6M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥1.1B and CN¥329.6M respectively. Beijing Telesound Electronics's EBIT is CN¥36.7M making its interest coverage ratio -22.3. It has cash and short-term investments of CN¥358.8M.
Key information
29.2%
Debt to equity ratio
CN¥232.62m
Debt
Interest coverage ratio | -22.3x |
Cash | CN¥358.79m |
Equity | CN¥796.23m |
Total liabilities | CN¥329.57m |
Total assets | CN¥1.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003004's short term assets (CN¥728.2M) exceed its short term liabilities (CN¥106.4M).
Long Term Liabilities: 003004's short term assets (CN¥728.2M) exceed its long term liabilities (CN¥223.2M).
Debt to Equity History and Analysis
Debt Level: 003004 has more cash than its total debt.
Reducing Debt: 003004's debt to equity ratio has reduced from 29.9% to 29.2% over the past 5 years.
Debt Coverage: 003004's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003004 earns more interest than it pays, so coverage of interest payments is not a concern.