Beijing Centergate Technologies (holding) Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Centergate Technologies (holding) has a total shareholder equity of CN¥1.8B and total debt of CN¥546.5M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥3.8B and CN¥2.0B respectively. Beijing Centergate Technologies (holding)'s EBIT is CN¥136.9M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥155.0M.
Key information
30.8%
Debt to equity ratio
CN¥546.50m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥154.98m |
| Equity | CN¥1.78b |
| Total liabilities | CN¥1.99b |
| Total assets | CN¥3.77b |
Financial Position Analysis
Short Term Liabilities: 000931's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000931's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥498.8M).
Debt to Equity History and Analysis
Debt Level: 000931's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 000931's debt to equity ratio has reduced from 34.3% to 30.8% over the past 5 years.
Debt Coverage: 000931's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 000931's interest payments on its debt are not well covered by EBIT (2.7x coverage).