Beijing Sanlian Hope Shin-Gosen Technical Service Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Sanlian Hope Shin-Gosen Technical Service has a total shareholder equity of CN¥2.6B and total debt of CN¥60.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥3.9B and CN¥1.3B respectively. Beijing Sanlian Hope Shin-Gosen Technical Service's EBIT is CN¥331.0M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥2.1B.
Key information
2.3%
Debt to equity ratio
CN¥60.07m
Debt
Interest coverage ratio | -6.7x |
Cash | CN¥2.09b |
Equity | CN¥2.61b |
Total liabilities | CN¥1.30b |
Total assets | CN¥3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300384's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300384's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥111.6M).
Debt to Equity History and Analysis
Debt Level: 300384 has more cash than its total debt.
Reducing Debt: 300384's debt to equity ratio has reduced from 11.8% to 2.3% over the past 5 years.
Debt Coverage: 300384's debt is well covered by operating cash flow (428%).
Interest Coverage: 300384 earns more interest than it pays, so coverage of interest payments is not a concern.