Beijing Bayi Space LCD TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Bayice LCD TechnologyLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥332.5M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥2.9B and CN¥761.0M respectively. Beijing Bayice LCD TechnologyLtd's EBIT is CN¥120.9M making its interest coverage ratio -56.7. It has cash and short-term investments of CN¥659.0M.
Key information
15.8%
Debt to equity ratio
CN¥332.50m
Debt
| Interest coverage ratio | -56.7x |
| Cash | CN¥658.99m |
| Equity | CN¥2.10b |
| Total liabilities | CN¥760.98m |
| Total assets | CN¥2.86b |
Financial Position Analysis
Short Term Liabilities: 688181's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥557.6M).
Long Term Liabilities: 688181's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥203.4M).
Debt to Equity History and Analysis
Debt Level: 688181 has more cash than its total debt.
Reducing Debt: 688181's debt to equity ratio has increased from 0.01% to 15.8% over the past 5 years.
Debt Coverage: 688181's debt is well covered by operating cash flow (97%).
Interest Coverage: 688181 earns more interest than it pays, so coverage of interest payments is not a concern.