Bringspring Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Bringspring Science and Technology has a total shareholder equity of CN¥888.5M and total debt of CN¥10.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.4B and CN¥525.2M respectively. Bringspring Science and Technology's EBIT is CN¥32.8M making its interest coverage ratio 43.2. It has cash and short-term investments of CN¥128.2M.
Key information
1.2%
Debt to equity ratio
CN¥10.78m
Debt
| Interest coverage ratio | 43.2x |
| Cash | CN¥128.20m |
| Equity | CN¥888.51m |
| Total liabilities | CN¥525.24m |
| Total assets | CN¥1.41b |
Recent financial health updates
Here's Why Bringspring Science and Technology (SZSE:300290) Can Manage Its Debt Responsibly
Sep 26
Is Bringspring Science and Technology (SZSE:300290) Using Too Much Debt?
May 21Recent updates
There's Reason For Concern Over Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Massive 51% Price Jump
Oct 07Here's Why Bringspring Science and Technology (SZSE:300290) Can Manage Its Debt Responsibly
Sep 26More Unpleasant Surprises Could Be In Store For Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Shares After Tumbling 26%
Aug 22Bringspring Science and Technology (SZSE:300290) Is Experiencing Growth In Returns On Capital
Jul 23Revenues Not Telling The Story For Bringspring Science and Technology Co., Ltd. (SZSE:300290) After Shares Rise 27%
Jun 07Is Bringspring Science and Technology (SZSE:300290) Using Too Much Debt?
May 21Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Popularity With Investors Under Threat As Stock Sinks 31%
Apr 21Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Business Is Trailing The Industry But Its Shares Aren't
Feb 29Financial Position Analysis
Short Term Liabilities: 300290's short term assets (CN¥955.2M) exceed its short term liabilities (CN¥492.6M).
Long Term Liabilities: 300290's short term assets (CN¥955.2M) exceed its long term liabilities (CN¥32.6M).
Debt to Equity History and Analysis
Debt Level: 300290 has more cash than its total debt.
Reducing Debt: 300290's debt to equity ratio has reduced from 16.7% to 1.2% over the past 5 years.
Debt Coverage: 300290's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300290's interest payments on its debt are well covered by EBIT (43.2x coverage).