Shenzhen Boshijie Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Boshijie Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥22.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥1.3B and CN¥302.2M respectively. Shenzhen Boshijie Technology's EBIT is CN¥189.4M making its interest coverage ratio -93.6. It has cash and short-term investments of CN¥624.0M.
Key information
2.2%
Debt to equity ratio
CN¥22.62m
Debt
Interest coverage ratio | -93.6x |
Cash | CN¥624.03m |
Equity | CN¥1.01b |
Total liabilities | CN¥302.19m |
Total assets | CN¥1.31b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301608's short term assets (CN¥997.3M) exceed its short term liabilities (CN¥294.7M).
Long Term Liabilities: 301608's short term assets (CN¥997.3M) exceed its long term liabilities (CN¥7.5M).
Debt to Equity History and Analysis
Debt Level: 301608 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301608's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301608's debt is well covered by operating cash flow (610.3%).
Interest Coverage: 301608 earns more interest than it pays, so coverage of interest payments is not a concern.