BeijingABT NetworksLtd Balance Sheet Health
Financial Health criteria checks 4/6
BeijingABT NetworksLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥325.4M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are CN¥1.6B and CN¥428.0M respectively. BeijingABT NetworksLtd's EBIT is CN¥36.0M making its interest coverage ratio 13.7. It has cash and short-term investments of CN¥264.2M.
Key information
27.0%
Debt to equity ratio
CN¥325.41m
Debt
Interest coverage ratio | 13.7x |
Cash | CN¥264.18m |
Equity | CN¥1.21b |
Total liabilities | CN¥428.02m |
Total assets | CN¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688168's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥315.8M).
Long Term Liabilities: 688168's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥112.3M).
Debt to Equity History and Analysis
Debt Level: 688168's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 688168's debt to equity ratio has increased from 5.9% to 27% over the past 5 years.
Debt Coverage: 688168's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688168's interest payments on its debt are well covered by EBIT (13.7x coverage).