Beijing Global Safety Technology Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Global Safety Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥785.6M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CN¥4.2B and CN¥2.4B respectively. Beijing Global Safety Technology's EBIT is CN¥229.9M making its interest coverage ratio 33.8. It has cash and short-term investments of CN¥696.2M.
Key information
44.9%
Debt to equity ratio
CN¥785.62m
Debt
| Interest coverage ratio | 33.8x |
| Cash | CN¥696.23m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥4.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300523's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 300523's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥87.1M).
Debt to Equity History and Analysis
Debt Level: 300523's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 300523's debt to equity ratio has increased from 6.3% to 44.9% over the past 5 years.
Debt Coverage: 300523's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300523's interest payments on its debt are well covered by EBIT (33.8x coverage).