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¥29.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥2.4B and CN¥319.3M respectively.
Key information
1.4%
Debt to equity ratio
CN¥29.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥501.65m |
| Equity | CN¥2.08b |
| Total liabilities | CN¥319.32m |
| 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¥310.9M).
Long Term Liabilities: 300365's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥8.4M).
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 13.9% to 1.4% over the past 5 years.
Debt Coverage: 300365's debt is well covered by operating cash flow (914.4%).
Interest Coverage: Insufficient data to determine if 300365's interest payments on its debt are well covered by EBIT.