Beijing Ultrapower Software Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Ultrapower Software has a total shareholder equity of CN¥6.1B and total debt of CN¥46.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥7.0B and CN¥911.5M respectively. Beijing Ultrapower Software's EBIT is CN¥1.1B making its interest coverage ratio -19.8. It has cash and short-term investments of CN¥2.5B.
Key information
0.8%
Debt to equity ratio
CN¥46.77m
Debt
Interest coverage ratio | -19.8x |
Cash | CN¥2.54b |
Equity | CN¥6.11b |
Total liabilities | CN¥911.52m |
Total assets | CN¥7.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300002's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥877.8M).
Long Term Liabilities: 300002's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥33.7M).
Debt to Equity History and Analysis
Debt Level: 300002 has more cash than its total debt.
Reducing Debt: 300002's debt to equity ratio has reduced from 14.7% to 0.8% over the past 5 years.
Debt Coverage: 300002's debt is well covered by operating cash flow (2690.7%).
Interest Coverage: 300002 earns more interest than it pays, so coverage of interest payments is not a concern.