BGRIMM Technology Balance Sheet Health
Financial Health criteria checks 5/6
BGRIMM Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥53.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. BGRIMM Technology's EBIT is CN¥87.4M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥403.4M.
Key information
3.9%
Debt to equity ratio
CN¥53.72m
Debt
| Interest coverage ratio | -7.1x |
| Cash | CN¥403.36m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600980's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600980's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥68.8M).
Debt to Equity History and Analysis
Debt Level: 600980 has more cash than its total debt.
Reducing Debt: 600980's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.
Debt Coverage: 600980's debt is well covered by operating cash flow (247.4%).
Interest Coverage: 600980 earns more interest than it pays, so coverage of interest payments is not a concern.