Beijing Forever Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Forever Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥36.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥2.4B and CN¥338.4M respectively.
Key information
1.7%
Debt to equity ratio
CN¥36.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥436.30m |
Equity | CN¥2.07b |
Total liabilities | CN¥338.38m |
Total assets | CN¥2.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300365's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥335.3M).
Long Term Liabilities: 300365's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥3.0M).
Debt to Equity History and Analysis
Debt Level: 300365 has more cash than its total debt.
Reducing Debt: 300365's debt to equity ratio has reduced from 12.1% to 1.7% over the past 5 years.
Debt Coverage: 300365's debt is well covered by operating cash flow (474.8%).
Interest Coverage: Insufficient data to determine if 300365's interest payments on its debt are well covered by EBIT.