Beijing Tongtech Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Tongtech has a total shareholder equity of CN¥3.6B and total debt of CN¥64.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥4.2B and CN¥561.2M respectively.
Key information
1.8%
Debt to equity ratio
CN¥63.99m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.99b |
Equity | CN¥3.61b |
Total liabilities | CN¥561.22m |
Total assets | CN¥4.17b |
Financial Position Analysis
Short Term Liabilities: 300379's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥505.3M).
Long Term Liabilities: 300379's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥55.9M).
Debt to Equity History and Analysis
Debt Level: 300379 has more cash than its total debt.
Reducing Debt: 300379's debt to equity ratio has reduced from 11.1% to 1.8% over the past 5 years.
Debt Coverage: 300379's debt is well covered by operating cash flow (71.2%).
Interest Coverage: Insufficient data to determine if 300379's interest payments on its debt are well covered by EBIT.