Beijing LongRuan Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Beijing LongRuan Technologies has a total shareholder equity of CN¥736.0M and total debt of CN¥8.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥863.8M and CN¥127.9M respectively. Beijing LongRuan Technologies's EBIT is CN¥86.2M making its interest coverage ratio -35.5. It has cash and short-term investments of CN¥159.5M.
Key information
1.2%
Debt to equity ratio
CN¥8.59m
Debt
Interest coverage ratio | -35.5x |
Cash | CN¥159.50m |
Equity | CN¥735.96m |
Total liabilities | CN¥127.89m |
Total assets | CN¥863.85m |
Financial Position Analysis
Short Term Liabilities: 688078's short term assets (CN¥786.5M) exceed its short term liabilities (CN¥120.1M).
Long Term Liabilities: 688078's short term assets (CN¥786.5M) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 688078 has more cash than its total debt.
Reducing Debt: 688078's debt to equity ratio has reduced from 8.2% to 1.2% over the past 5 years.
Debt Coverage: 688078's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688078 earns more interest than it pays, so coverage of interest payments is not a concern.