Beijing Trust&Far TechnologyLTD Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Trust&Far TechnologyLTD has a total shareholder equity of CN¥1.6B and total debt of CN¥468.0M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CN¥2.4B and CN¥749.0M respectively.
Key information
28.9%
Debt to equity ratio
CN¥468.02m
Debt
Interest coverage ratio | n/a |
Cash | CN¥383.89m |
Equity | CN¥1.62b |
Total liabilities | CN¥749.02m |
Total assets | CN¥2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300231's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥362.5M).
Long Term Liabilities: 300231's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥386.5M).
Debt to Equity History and Analysis
Debt Level: 300231's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 300231's debt to equity ratio has reduced from 66.8% to 28.9% over the past 5 years.
Debt Coverage: 300231's debt is well covered by operating cash flow (89.7%).
Interest Coverage: Insufficient data to determine if 300231's interest payments on its debt are well covered by EBIT.