Beijing Jingyi Automation Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Jingyi Automation Equipment has a total shareholder equity of CN¥2.0B and total debt of CN¥2.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively. Beijing Jingyi Automation Equipment's EBIT is CN¥85.0M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥1.4B.
Key information
0.1%
Debt to equity ratio
CN¥2.50m
Debt
Interest coverage ratio | -9.3x |
Cash | CN¥1.45b |
Equity | CN¥1.96b |
Total liabilities | CN¥1.08b |
Total assets | CN¥3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688652's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688652's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥80.1M).
Debt to Equity History and Analysis
Debt Level: 688652 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688652's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688652's debt is well covered by operating cash flow (1845.7%).
Interest Coverage: 688652 earns more interest than it pays, so coverage of interest payments is not a concern.