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¥337.9M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥2.0B and CN¥913.8M respectively. Beijing Asiacom Information TechnologyLtd's EBIT is CN¥81.6M making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥291.5M.
Key information
30.5%
Debt to equity ratio
CN¥337.90m
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥291.51m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥913.83m |
| Total assets | CN¥2.02b |
Recent financial health updates
Recent updates
Why Beijing Asiacom Information Technology Co.Ltd's (SZSE:301085) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 05
Beijing Asiacom Information Technology Co.Ltd (SZSE:301085) Will Want To Turn Around Its Return Trends
Oct 22Optimistic Investors Push Beijing Asiacom Information Technology Co,.Ltd (SZSE:301085) Shares Up 38% But Growth Is Lacking
Sep 30We Think Beijing Asiacom Information Technology Co.Ltd (SZSE:301085) Can Stay On Top Of Its Debt
Jun 14Beijing Asiacom Information Technology Co.Ltd (SZSE:301085) Is Increasing Its Dividend To CN¥0.2807
May 21We Believe That Beijing Asiacom Information Technology Co.Ltd's (SZSE:301085) Weak Earnings Are A Good Indicator Of Underlying Profitability
Apr 24Beijing 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¥1.8B) exceed its short term liabilities (CN¥913.8M).
Long Term Liabilities: 301085's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥40.9K).
Debt to Equity History and Analysis
Debt Level: 301085's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 301085's debt to equity ratio has reduced from 68.7% to 30.5% 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 (5.1x coverage).