Beijing Originwater Technology Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Originwater Technology has a total shareholder equity of CN¥29.9B and total debt of CN¥29.5B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are CN¥78.0B and CN¥48.1B respectively. Beijing Originwater Technology's EBIT is CN¥971.7M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥3.8B.
Key information
98.7%
Debt to equity ratio
CN¥29.54b
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥3.83b |
| Equity | CN¥29.92b |
| Total liabilities | CN¥48.08b |
| Total assets | CN¥78.00b |
Recent financial health updates
Beijing Originwater Technology (SZSE:300070) Seems To Be Using A Lot Of Debt
Oct 16
These 4 Measures Indicate That Beijing Originwater Technology (SZSE:300070) Is Using Debt Extensively
Jun 14Recent updates
Beijing Originwater Technology (SZSE:300070) Seems To Be Using A Lot Of Debt
Oct 16Beijing Originwater Technology's (SZSE:300070) Conservative Accounting Might Explain Soft Earnings
Sep 03Beijing Originwater Technology Co., Ltd.'s (SZSE:300070) Prospects Need A Boost To Lift Shares
Aug 24There Are Reasons To Feel Uneasy About Beijing Originwater Technology's (SZSE:300070) Returns On Capital
Jul 12These 4 Measures Indicate That Beijing Originwater Technology (SZSE:300070) Is Using Debt Extensively
Jun 14Beijing Originwater Technology's (SZSE:300070) Shareholders Will Receive A Bigger Dividend Than Last Year
May 21Earnings Miss: Beijing Originwater Technology Co., Ltd. Missed EPS By 18% And Analysts Are Revising Their Forecasts
Apr 05Improved Earnings Required Before Beijing Originwater Technology Co., Ltd. (SZSE:300070) Shares Find Their Feet
Feb 27Financial Position Analysis
Short Term Liabilities: 300070's short term assets (CN¥24.9B) do not cover its short term liabilities (CN¥26.5B).
Long Term Liabilities: 300070's short term assets (CN¥24.9B) exceed its long term liabilities (CN¥21.5B).
Debt to Equity History and Analysis
Debt Level: 300070's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: 300070's debt to equity ratio has reduced from 108.1% to 98.7% over the past 5 years.
Debt Coverage: 300070's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 300070 earns more interest than it pays, so coverage of interest payments is not a concern.