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¥335.6M respectively. Nanjing Bestway Intelligent Control Technology's EBIT is CN¥208.4M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6.7x |
Cash | CN¥1.06b |
Equity | CN¥2.30b |
Total liabilities | CN¥335.57m |
Total assets | CN¥2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301195's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥332.6M).
Long Term Liabilities: 301195's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥3.0M).
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 47.5%.
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.