Ruijie Networks Balance Sheet Health
Financial Health criteria checks 3/6
Ruijie Networks has a total shareholder equity of CN¥4.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CN¥8.2B and CN¥3.9B respectively.
Key information
34.7%
Debt to equity ratio
CN¥1.49b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.79b |
Equity | CN¥4.29b |
Total liabilities | CN¥3.93b |
Total assets | CN¥8.22b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301165's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 301165's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥203.2M).
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 1.3% to 34.7% over the past 5 years.
Debt Coverage: 301165's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301165's interest payments on its debt are well covered by EBIT.