Beijing Labtech Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Labtech Instruments has a total shareholder equity of CN¥852.5M and total debt of CN¥586.8K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥989.7M and CN¥137.2M respectively. Beijing Labtech Instruments's EBIT is CN¥26.6M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥536.7M.
Key information
0.07%
Debt to equity ratio
CN¥586.80k
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥536.71m |
| Equity | CN¥852.48m |
| Total liabilities | CN¥137.23m |
| Total assets | CN¥989.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688056's short term assets (CN¥783.5M) exceed its short term liabilities (CN¥128.2M).
Long Term Liabilities: 688056's short term assets (CN¥783.5M) exceed its long term liabilities (CN¥9.0M).
Debt to Equity History and Analysis
Debt Level: 688056 has more cash than its total debt.
Reducing Debt: 688056's debt to equity ratio has reduced from 0.6% to 0.07% over the past 5 years.
Debt Coverage: 688056's debt is well covered by operating cash flow (8738.9%).
Interest Coverage: 688056 earns more interest than it pays, so coverage of interest payments is not a concern.