Beijing Forever Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Forever Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥1.7M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥2.4B and CN¥310.9M respectively.
Key information
0.08%
Debt to equity ratio
CN¥1.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥441.78m |
| Equity | CN¥2.09b |
| Total liabilities | CN¥310.93m |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300365's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥303.2M).
Long Term Liabilities: 300365's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 300365 has more cash than its total debt.
Reducing Debt: 300365's debt to equity ratio has reduced from 15.1% to 0.08% over the past 5 years.
Debt Coverage: 300365's debt is well covered by operating cash flow (11384.4%).
Interest Coverage: Insufficient data to determine if 300365's interest payments on its debt are well covered by EBIT.