Beijing eGOVA Co Balance Sheet Health
Financial Health criteria checks 6/6
Beijing eGOVA Co has a total shareholder equity of CN¥4.1B and total debt of CN¥120.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥4.9B and CN¥804.4M respectively. Beijing eGOVA Co's EBIT is CN¥109.4M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.8B.
Key information
2.9%
Debt to equity ratio
CN¥120.92m
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥1.79b |
Equity | CN¥4.12b |
Total liabilities | CN¥804.41m |
Total assets | CN¥4.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300075's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥669.3M).
Long Term Liabilities: 300075's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥135.1M).
Debt to Equity History and Analysis
Debt Level: 300075 has more cash than its total debt.
Reducing Debt: 300075's debt to equity ratio has reduced from 6.2% to 2.9% over the past 5 years.
Debt Coverage: 300075's debt is well covered by operating cash flow (94%).
Interest Coverage: 300075 earns more interest than it pays, so coverage of interest payments is not a concern.