Beijing Interact TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Interact TechnologyLtd has a total shareholder equity of CN¥445.6M and total debt of CN¥98.1M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥845.8M and CN¥400.2M respectively. Beijing Interact TechnologyLtd's EBIT is CN¥6.5M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥164.1M.
Key information
22.0%
Debt to equity ratio
CN¥98.10m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥164.13m |
Equity | CN¥445.58m |
Total liabilities | CN¥400.22m |
Total assets | CN¥845.80m |
Financial Position Analysis
Short Term Liabilities: 300419's short term assets (CN¥549.5M) exceed its short term liabilities (CN¥372.2M).
Long Term Liabilities: 300419's short term assets (CN¥549.5M) exceed its long term liabilities (CN¥28.0M).
Debt to Equity History and Analysis
Debt Level: 300419 has more cash than its total debt.
Reducing Debt: 300419's debt to equity ratio has increased from 0% to 22% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300419 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300419 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.4% per year.