Beijing Jingyeda TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Jingyeda TechnologyLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥6.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥1.9B and CN¥383.2M respectively. Beijing Jingyeda TechnologyLtd's EBIT is CN¥29.4M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥836.8M.
Key information
0.4%
Debt to equity ratio
CN¥6.01m
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥836.83m |
Equity | CN¥1.49b |
Total liabilities | CN¥383.18m |
Total assets | CN¥1.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003005's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥355.0M).
Long Term Liabilities: 003005's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥28.2M).
Debt to Equity History and Analysis
Debt Level: 003005 has more cash than its total debt.
Reducing Debt: 003005's debt to equity ratio has reduced from 11.4% to 0.4% over the past 5 years.
Debt Coverage: 003005's debt is well covered by operating cash flow (1031.8%).
Interest Coverage: 003005 earns more interest than it pays, so coverage of interest payments is not a concern.