Beijing Kaiwen Education Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Kaiwen Education Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥690.8M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are CN¥3.0B and CN¥796.6M respectively. Beijing Kaiwen Education Technology's EBIT is CN¥5.1M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥263.3M.
Key information
31.5%
Debt to equity ratio
CN¥690.76m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥263.27m |
| Equity | CN¥2.19b |
| Total liabilities | CN¥796.61m |
| Total assets | CN¥2.99b |
Recent financial health updates
No updates
Recent updates
Beijing Kaiwen Education Technology Co., Ltd (SZSE:002659) Looks Just Right With A 31% Price Jump
Sep 27
Beijing Kaiwen Education Technology (SZSE:002659) Shareholders Will Want The ROCE Trajectory To Continue
Sep 26What You Can Learn From Beijing Kaiwen Education Technology Co., Ltd's (SZSE:002659) P/S
Aug 02Beijing Kaiwen Education Technology (SZSE:002659) Is Doing The Right Things To Multiply Its Share Price
Jun 07Beijing Kaiwen Education Technology Co., Ltd's (SZSE:002659) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Apr 16Beijing Kaiwen Education Technology Co., Ltd's (SZSE:002659) P/S Is On The Mark
Mar 01Financial Position Analysis
Short Term Liabilities: 002659's short term assets (CN¥467.6M) exceed its short term liabilities (CN¥206.1M).
Long Term Liabilities: 002659's short term assets (CN¥467.6M) do not cover its long term liabilities (CN¥590.5M).
Debt to Equity History and Analysis
Debt Level: 002659's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 002659's debt to equity ratio has reduced from 50.8% to 31.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002659 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002659 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.2% per year.