Beijing Jingyuntong Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Jingyuntong Technology has a total shareholder equity of CN¥11.4B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are CN¥24.2B and CN¥12.7B respectively. Beijing Jingyuntong Technology's EBIT is CN¥489.5M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥3.2B.
Key information
34.2%
Debt to equity ratio
CN¥3.91b
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥3.21b |
Equity | CN¥11.43b |
Total liabilities | CN¥12.74b |
Total assets | CN¥24.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601908's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥7.3B).
Long Term Liabilities: 601908's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: 601908's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 601908's debt to equity ratio has reduced from 80.6% to 34.2% over the past 5 years.
Debt Coverage: 601908's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 601908's interest payments on its debt are not well covered by EBIT (1.4x coverage).