China Bester Group Telecom Balance Sheet Health
Financial Health criteria checks 2/6
China Bester Group Telecom has a total shareholder equity of CN¥2.1B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are CN¥7.2B and CN¥5.1B respectively. China Bester Group Telecom's EBIT is CN¥265.5M making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥569.9M.
Key information
122.9%
Debt to equity ratio
CN¥2.55b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥569.93m |
| Equity | CN¥2.07b |
| Total liabilities | CN¥5.14b |
| Total assets | CN¥7.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603220's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥3.6B).
Long Term Liabilities: 603220's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 603220's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: 603220's debt to equity ratio has increased from 10% to 122.9% over the past 5 years.
Debt Coverage: 603220's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 603220's interest payments on its debt are well covered by EBIT (4.1x coverage).