Beijing Comens New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Comens New MaterialsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥1.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥2.0B and CN¥445.1M respectively. Beijing Comens New MaterialsLtd's EBIT is CN¥97.2M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥247.2M.
Key information
0.1%
Debt to equity ratio
CN¥1.50m
Debt
Interest coverage ratio | -4.7x |
Cash | CN¥247.25m |
Equity | CN¥1.56b |
Total liabilities | CN¥445.14m |
Total assets | CN¥2.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300200's short term assets (CN¥791.3M) exceed its short term liabilities (CN¥427.3M).
Long Term Liabilities: 300200's short term assets (CN¥791.3M) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 300200 has more cash than its total debt.
Reducing Debt: 300200's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300200's debt is well covered by operating cash flow (5288.4%).
Interest Coverage: 300200 earns more interest than it pays, so coverage of interest payments is not a concern.