Beijing Zhong Ke San Huan High-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Zhong Ke San Huan High-Tech has a total shareholder equity of CN¥7.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥10.8B and CN¥3.1B respectively. Beijing Zhong Ke San Huan High-Tech's EBIT is CN¥122.4M making its interest coverage ratio -34.1. It has cash and short-term investments of CN¥2.5B.
Key information
20.4%
Debt to equity ratio
CN¥1.57b
Debt
Interest coverage ratio | -34.1x |
Cash | CN¥2.45b |
Equity | CN¥7.70b |
Total liabilities | CN¥3.06b |
Total assets | CN¥10.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000970's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 000970's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥853.5M).
Debt to Equity History and Analysis
Debt Level: 000970 has more cash than its total debt.
Reducing Debt: 000970's debt to equity ratio has increased from 5.5% to 20.4% over the past 5 years.
Debt Coverage: 000970's debt is well covered by operating cash flow (70.3%).
Interest Coverage: 000970 earns more interest than it pays, so coverage of interest payments is not a concern.