Beijing Originwater Technology Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Originwater Technology has a total shareholder equity of CN¥30.0B and total debt of CN¥29.2B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are CN¥79.1B and CN¥49.0B respectively. Beijing Originwater Technology's EBIT is CN¥815.7M making its interest coverage ratio -114.5. It has cash and short-term investments of CN¥4.1B.
Key information
97.3%
Debt to equity ratio
CN¥29.22b
Debt
| Interest coverage ratio | -114.5x |
| Cash | CN¥4.10b |
| Equity | CN¥30.03b |
| Total liabilities | CN¥49.03b |
| Total assets | CN¥79.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300070's short term assets (CN¥25.8B) do not cover its short term liabilities (CN¥26.5B).
Long Term Liabilities: 300070's short term assets (CN¥25.8B) exceed its long term liabilities (CN¥22.5B).
Debt to Equity History and Analysis
Debt Level: 300070's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: 300070's debt to equity ratio has increased from 88.3% to 97.3% over the past 5 years.
Debt Coverage: 300070's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: 300070 earns more interest than it pays, so coverage of interest payments is not a concern.