China Bester Group Telecom Balance Sheet Health
Financial Health criteria checks 3/6
China Bester Group Telecom has a total shareholder equity of CN¥2.1B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are CN¥6.1B and CN¥4.0B respectively. China Bester Group Telecom's EBIT is CN¥226.0M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥388.8M.
Key information
104.6%
Debt to equity ratio
CN¥2.15b
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥388.76m |
Equity | CN¥2.06b |
Total liabilities | CN¥4.04b |
Total assets | CN¥6.10b |
Recent financial health updates
Recent updates
Here's Why We Think China Bester Group Telecom (SHSE:603220) Is Well Worth Watching
May 09What You Can Learn From China Bester Group Telecom Co., Ltd.'s (SHSE:603220) P/EAfter Its 29% Share Price Crash
Apr 17China Bester Group Telecom Co., Ltd. (SHSE:603220) Stocks Shoot Up 33% But Its P/E Still Looks Reasonable
Feb 29These 4 Measures Indicate That China Bester Group Telecom (SHSE:603220) Is Using Debt Extensively
Feb 28Financial Position Analysis
Short Term Liabilities: 603220's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 603220's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥891.2M).
Debt to Equity History and Analysis
Debt Level: 603220's net debt to equity ratio (85.7%) is considered high.
Reducing Debt: 603220's debt to equity ratio has increased from 6.6% to 104.6% over the past 5 years.
Debt Coverage: 603220's debt is not well covered by operating cash flow (9%).
Interest Coverage: 603220's interest payments on its debt are well covered by EBIT (4.9x coverage).