Ruijie Networks Balance Sheet Health
Financial Health criteria checks 5/6
Ruijie Networks has a total shareholder equity of CN¥4.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥9.2B and CN¥4.8B respectively. Ruijie Networks's EBIT is CN¥298.0M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥1.6B.
Key information
29.6%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥1.64b |
| Equity | CN¥4.40b |
| Total liabilities | CN¥4.79b |
| Total assets | CN¥9.19b |
Recent financial health updates
Recent updates
Ruijie Networks (SZSE:301165) Is Paying Out Less In Dividends Than Last Year
May 31
Shaky Earnings May Not Tell The Whole Story For Ruijie Networks (SZSE:301165)
May 02Analysts Just Shaved Their Ruijie Networks Co., Ltd. (SZSE:301165) Forecasts Dramatically
Apr 02Does Ruijie Networks (SZSE:301165) Have A Healthy Balance Sheet?
Mar 31Financial Position Analysis
Short Term Liabilities: 301165's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 301165's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥144.3M).
Debt to Equity History and Analysis
Debt Level: 301165 has more cash than its total debt.
Reducing Debt: 301165's debt to equity ratio has increased from 3.8% to 29.6% over the past 5 years.
Debt Coverage: 301165's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 301165 earns more interest than it pays, so coverage of interest payments is not a concern.