Beijing Si-Tech Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Si-Tech Information Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥656.1M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are CN¥2.4B and CN¥875.0M respectively. Beijing Si-Tech Information Technology's EBIT is CN¥60.2M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥592.3M.
Key information
42.3%
Debt to equity ratio
CN¥656.12m
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥592.26m |
Equity | CN¥1.55b |
Total liabilities | CN¥875.02m |
Total assets | CN¥2.43b |
Financial Position Analysis
Short Term Liabilities: 300608's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥604.3M).
Long Term Liabilities: 300608's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥270.7M).
Debt to Equity History and Analysis
Debt Level: 300608's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 300608's debt to equity ratio has reduced from 42.4% to 42.3% over the past 5 years.
Debt Coverage: 300608's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 300608's interest payments on its debt are not well covered by EBIT (2.3x coverage).