Beijing Sinnet TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Sinnet TechnologyLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥19.2B and CN¥5.9B respectively. Beijing Sinnet TechnologyLtd's EBIT is CN¥566.6M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥1.6B.
Key information
26.6%
Debt to equity ratio
CN¥3.52b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥1.61b |
| Equity | CN¥13.24b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥19.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300383's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300383's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 300383's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 300383's debt to equity ratio has increased from 22.7% to 26.6% over the past 5 years.
Debt Coverage: 300383's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 300383's interest payments on its debt are well covered by EBIT (6.3x coverage).