Beijing Ultrapower Software Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Ultrapower Software has a total shareholder equity of CN¥6.8B and total debt of CN¥26.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥7.8B and CN¥981.6M respectively. Beijing Ultrapower Software's EBIT is CN¥1.5B making its interest coverage ratio -16.2. It has cash and short-term investments of CN¥2.4B.
Key information
0.4%
Debt to equity ratio
CN¥26.60m
Debt
| Interest coverage ratio | -16.2x |
| Cash | CN¥2.43b |
| Equity | CN¥6.84b |
| Total liabilities | CN¥981.65m |
| Total assets | CN¥7.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300002's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥950.5M).
Long Term Liabilities: 300002's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥31.1M).
Debt to Equity History and Analysis
Debt Level: 300002 has more cash than its total debt.
Reducing Debt: 300002's debt to equity ratio has reduced from 18.1% to 0.4% over the past 5 years.
Debt Coverage: 300002's debt is well covered by operating cash flow (6371.6%).
Interest Coverage: 300002 earns more interest than it pays, so coverage of interest payments is not a concern.