Beijing Dahao TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Dahao TechnologyLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥736.7M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are CN¥4.5B and CN¥1.9B respectively. Beijing Dahao TechnologyLtd's EBIT is CN¥557.2M making its interest coverage ratio -23.7. It has cash and short-term investments of CN¥1.5B.
Key information
28.5%
Debt to equity ratio
CN¥736.66m
Debt
Interest coverage ratio | -23.7x |
Cash | CN¥1.46b |
Equity | CN¥2.59b |
Total liabilities | CN¥1.86b |
Total assets | CN¥4.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603025's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603025's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥281.6M).
Debt to Equity History and Analysis
Debt Level: 603025 has more cash than its total debt.
Reducing Debt: 603025's debt to equity ratio has increased from 0% to 28.5% over the past 5 years.
Debt Coverage: 603025's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 603025 earns more interest than it pays, so coverage of interest payments is not a concern.