Bingo Software Balance Sheet Health
Financial Health criteria checks 5/6
Bingo Software has a total shareholder equity of CN¥1.4B and total debt of CN¥107.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥1.9B and CN¥544.1M respectively. Bingo Software's EBIT is CN¥26.7M making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥233.0M.
Key information
7.9%
Debt to equity ratio
CN¥107.43m
Debt
Interest coverage ratio | -10.4x |
Cash | CN¥233.02m |
Equity | CN¥1.36b |
Total liabilities | CN¥544.15m |
Total assets | CN¥1.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688227's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥505.6M).
Long Term Liabilities: 688227's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥38.6M).
Debt to Equity History and Analysis
Debt Level: 688227 has more cash than its total debt.
Reducing Debt: 688227's debt to equity ratio has reduced from 20.7% to 7.9% over the past 5 years.
Debt Coverage: 688227's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688227 earns more interest than it pays, so coverage of interest payments is not a concern.