Beijing Sinnet TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Sinnet TechnologyLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥18.8B and CN¥5.6B respectively. Beijing Sinnet TechnologyLtd's EBIT is CN¥571.9M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥2.1B.
Key information
24.2%
Debt to equity ratio
CN¥3.19b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥2.11b |
| Equity | CN¥13.15b |
| Total liabilities | CN¥5.62b |
| Total assets | CN¥18.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300383's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300383's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 300383's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 300383's debt to equity ratio has reduced from 24.4% to 24.2% over the past 5 years.
Debt Coverage: 300383's debt is well covered by operating cash flow (47%).
Interest Coverage: 300383's interest payments on its debt are well covered by EBIT (5.6x coverage).