Beijing Tongtech Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Tongtech has a total shareholder equity of CN¥3.5B and total debt of CN¥55.7M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥3.9B and CN¥351.5M respectively.
Key information
1.6%
Debt to equity ratio
CN¥55.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.69b |
| Equity | CN¥3.52b |
| Total liabilities | CN¥351.49m |
| Total assets | CN¥3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300379's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥303.2M).
Long Term Liabilities: 300379's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥48.3M).
Debt to Equity History and Analysis
Debt Level: 300379 has more cash than its total debt.
Reducing Debt: 300379's debt to equity ratio has reduced from 10.9% to 1.6% over the past 5 years.
Debt Coverage: 300379's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300379's interest payments on its debt are well covered by EBIT.