Beijing StarNeto Technology Balance Sheet Health
Financial Health criteria checks 6/6
Beijing StarNeto Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥83.1M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥2.7B and CN¥647.9M respectively. Beijing StarNeto Technology's EBIT is CN¥18.7M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥400.1M.
Key information
4.0%
Debt to equity ratio
CN¥83.14m
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥400.09m |
| Equity | CN¥2.06b |
| Total liabilities | CN¥647.91m |
| Total assets | CN¥2.71b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Beijing StarNeto Technology (SZSE:002829) Is Using Debt Reasonably Well
Aug 03
Optimistic Investors Push Beijing StarNeto Technology Co., Ltd. (SZSE:002829) Shares Up 33% But Growth Is Lacking
Jul 15Risks Still Elevated At These Prices As Beijing StarNeto Technology Co., Ltd. (SZSE:002829) Shares Dive 29%
May 24Some Investors May Be Willing To Look Past Beijing StarNeto Technology's (SZSE:002829) Soft Earnings
May 06Beijing StarNeto Technology Co., Ltd.'s (SZSE:002829) Shares Leap 31% Yet They're Still Not Telling The Full Story
Mar 06Financial Position Analysis
Short Term Liabilities: 002829's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥592.6M).
Long Term Liabilities: 002829's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥55.3M).
Debt to Equity History and Analysis
Debt Level: 002829 has more cash than its total debt.
Reducing Debt: 002829's debt to equity ratio has reduced from 19.3% to 4% over the past 5 years.
Debt Coverage: 002829's debt is well covered by operating cash flow (46%).
Interest Coverage: 002829 earns more interest than it pays, so coverage of interest payments is not a concern.