Bestlink TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Bestlink TechnologiesLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥864.9M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are CN¥6.3B and CN¥4.1B respectively. Bestlink TechnologiesLtd's EBIT is CN¥185.7M making its interest coverage ratio 24.8. It has cash and short-term investments of CN¥616.4M.
Key information
38.7%
Debt to equity ratio
CN¥864.90m
Debt
Interest coverage ratio | 24.8x |
Cash | CN¥616.40m |
Equity | CN¥2.23b |
Total liabilities | CN¥4.11b |
Total assets | CN¥6.35b |
Financial Position Analysis
Short Term Liabilities: 603206's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 603206's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥20.9M).
Debt to Equity History and Analysis
Debt Level: 603206's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 603206's debt to equity ratio has reduced from 84.1% to 38.7% over the past 5 years.
Debt Coverage: 603206's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603206's interest payments on its debt are well covered by EBIT (24.8x coverage).