Beijing Join-Cheer Software Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Join-Cheer Software has a total shareholder equity of CN¥1.5B and total debt of CN¥6.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.5B and CN¥932.8M respectively. Beijing Join-Cheer Software's EBIT is CN¥14.0M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥777.8M.
Key information
0.4%
Debt to equity ratio
CN¥6.10m
Debt
Interest coverage ratio | -2.2x |
Cash | CN¥777.83m |
Equity | CN¥1.52b |
Total liabilities | CN¥932.82m |
Total assets | CN¥2.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002279's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥893.8M).
Long Term Liabilities: 002279's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 002279 has more cash than its total debt.
Reducing Debt: 002279's debt to equity ratio has reduced from 106.4% to 0.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002279 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002279 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.7% each year