Beijing Huafeng Test & Control TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Huafeng Test & Control TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥3.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥3.5B and CN¥134.9M respectively. Beijing Huafeng Test & Control TechnologyLtd's EBIT is CN¥173.4M making its interest coverage ratio -100.8. It has cash and short-term investments of CN¥2.1B.
Key information
0.1%
Debt to equity ratio
CN¥3.45m
Debt
Interest coverage ratio | -100.8x |
Cash | CN¥2.07b |
Equity | CN¥3.34b |
Total liabilities | CN¥134.88m |
Total assets | CN¥3.48b |
Financial Position Analysis
Short Term Liabilities: 688200's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥108.0M).
Long Term Liabilities: 688200's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥26.9M).
Debt to Equity History and Analysis
Debt Level: 688200 has more cash than its total debt.
Reducing Debt: 688200's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 688200's debt is well covered by operating cash flow (7522.6%).
Interest Coverage: 688200 earns more interest than it pays, so coverage of interest payments is not a concern.