Beijing E-TechstarLtd Balance Sheet Health
Financial Health criteria checks 4/6
Beijing E-TechstarLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥654.7M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥4.2B and CN¥1.7B respectively. Beijing E-TechstarLtd's EBIT is CN¥53.9M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥251.0M.
Key information
26.9%
Debt to equity ratio
CN¥654.69m
Debt
Interest coverage ratio | 3.9x |
Cash | CN¥251.04m |
Equity | CN¥2.43b |
Total liabilities | CN¥1.73b |
Total assets | CN¥4.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300513's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300513's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥109.1M).
Debt to Equity History and Analysis
Debt Level: 300513's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 300513's debt to equity ratio has increased from 8.6% to 26.9% over the past 5 years.
Debt Coverage: 300513's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 300513's interest payments on its debt are well covered by EBIT (3.9x coverage).