Beijing Dabeinong Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Beijing Dabeinong Technology GroupLtd has a total shareholder equity of CN¥9.3B and total debt of CN¥12.9B, which brings its debt-to-equity ratio to 138.8%. Its total assets and total liabilities are CN¥28.9B and CN¥19.6B respectively.
Key information
138.8%
Debt to equity ratio
CN¥12.93b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.06b |
Equity | CN¥9.32b |
Total liabilities | CN¥19.58b |
Total assets | CN¥28.91b |
Financial Position Analysis
Short Term Liabilities: 002385's short term assets (CN¥10.0B) do not cover its short term liabilities (CN¥15.4B).
Long Term Liabilities: 002385's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 002385's net debt to equity ratio (105.9%) is considered high.
Reducing Debt: 002385's debt to equity ratio has increased from 35.4% to 138.8% over the past 5 years.
Debt Coverage: 002385's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if 002385's interest payments on its debt are well covered by EBIT.