Beijing Asiacom Information Technology Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Asiacom Information TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥404.4M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are CN¥2.0B and CN¥891.9M respectively. Beijing Asiacom Information TechnologyLtd's EBIT is CN¥110.2M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥296.7M.
Key information
36.0%
Debt to equity ratio
CN¥404.36m
Debt
| Interest coverage ratio | 8.3x |
| Cash | CN¥296.72m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥891.94m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
We Believe That Beijing Asiacom Information Technology Co.Ltd's (SZSE:301085) Weak Earnings Are A Good Indicator Of Underlying Profitability
Apr 24
Beijing Asiacom Information Technology Co,.Ltd's (SZSE:301085) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Apr 21Capital Allocation Trends At Beijing Asiacom Information Technology Co.Ltd (SZSE:301085) Aren't Ideal
Mar 24Beijing Asiacom Information Technology Co,.Ltd's (SZSE:301085) Share Price Could Signal Some Risk
Feb 29Financial Position Analysis
Short Term Liabilities: 301085's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥891.6M).
Long Term Liabilities: 301085's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥306.3K).
Debt to Equity History and Analysis
Debt Level: 301085's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 301085's debt to equity ratio has reduced from 60.2% to 36% over the past 5 years.
Debt Coverage: 301085's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301085's interest payments on its debt are well covered by EBIT (8.3x coverage).