Shandong New Beiyang Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shandong New Beiyang Information Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are CN¥5.3B and CN¥2.0B respectively.
Key information
38.0%
Debt to equity ratio
CN¥1.28b
Debt
Interest coverage ratio | n/a |
Cash | CN¥607.19m |
Equity | CN¥3.36b |
Total liabilities | CN¥1.96b |
Total assets | CN¥5.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002376's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002376's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥898.9M).
Debt to Equity History and Analysis
Debt Level: 002376's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 002376's debt to equity ratio has increased from 15.8% to 38% over the past 5 years.
Debt Coverage: 002376's debt is well covered by operating cash flow (26.4%).
Interest Coverage: Insufficient data to determine if 002376's interest payments on its debt are well covered by EBIT.