BGRIMM Technology Balance Sheet Health
Financial Health criteria checks 5/6
BGRIMM Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥57.7M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥2.5B and CN¥1.2B respectively. BGRIMM Technology's EBIT is CN¥90.6M making its interest coverage ratio -9.5. It has cash and short-term investments of CN¥497.8M.
Key information
4.3%
Debt to equity ratio
CN¥57.66m
Debt
Interest coverage ratio | -9.5x |
Cash | CN¥497.83m |
Equity | CN¥1.34b |
Total liabilities | CN¥1.15b |
Total assets | CN¥2.50b |
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¥68.9M).
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 4.3% over the past 5 years.
Debt Coverage: 600980's debt is well covered by operating cash flow (356.7%).
Interest Coverage: 600980 earns more interest than it pays, so coverage of interest payments is not a concern.