Beingmate Balance Sheet Health
Financial Health criteria checks 5/6
Beingmate has a total shareholder equity of CN¥1.6B and total debt of CN¥914.8M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are CN¥3.8B and CN¥2.2B respectively. Beingmate's EBIT is CN¥178.5M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥862.8M.
Key information
56.1%
Debt to equity ratio
CN¥914.79m
Debt
Interest coverage ratio | -9.6x |
Cash | CN¥862.83m |
Equity | CN¥1.63b |
Total liabilities | CN¥2.16b |
Total assets | CN¥3.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002570's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002570's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥53.4M).
Debt to Equity History and Analysis
Debt Level: 002570's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 002570's debt to equity ratio has reduced from 76.2% to 56.1% over the past 5 years.
Debt Coverage: 002570's debt is well covered by operating cash flow (51.6%).
Interest Coverage: 002570 earns more interest than it pays, so coverage of interest payments is not a concern.