Shandong New Beiyang Information Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shandong New Beiyang Information Technology has a total shareholder equity of CN¥3.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CN¥5.4B and CN¥2.2B respectively.
Key information
42.5%
Debt to equity ratio
CN¥1.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥644.90m |
| Equity | CN¥3.26b |
| Total liabilities | CN¥2.19b |
| Total assets | CN¥5.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002376's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002376's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥913.9M).
Debt to Equity History and Analysis
Debt Level: 002376's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 002376's debt to equity ratio has increased from 14.9% to 42.5% over the past 5 years.
Debt Coverage: 002376's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: Insufficient data to determine if 002376's interest payments on its debt are well covered by EBIT.