Nanjing Bestway Intelligent Control Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Bestway Intelligent Control Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.6B and CN¥338.5M respectively. Nanjing Bestway Intelligent Control Technology's EBIT is CN¥220.8M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥1.21b |
| Equity | CN¥2.28b |
| Total liabilities | CN¥338.55m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301195's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥335.3M).
Long Term Liabilities: 301195's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 301195 is debt free.
Reducing Debt: 301195 has no debt compared to 5 years ago when its debt to equity ratio was 45%.
Debt Coverage: 301195 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301195 has no debt, therefore coverage of interest payments is not a concern.