Beijing Jingkelong Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Jingkelong has a total shareholder equity of CN¥1.8B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are CN¥7.1B and CN¥5.3B respectively. Beijing Jingkelong's EBIT is CN¥123.4M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥965.7M.
Key information
171.8%
Debt to equity ratio
CN¥3.15b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥965.74m |
Equity | CN¥1.83b |
Total liabilities | CN¥5.30b |
Total assets | CN¥7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2M's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: G2M's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥473.2M).
Debt to Equity History and Analysis
Debt Level: G2M's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: G2M's debt to equity ratio has reduced from 180.1% to 171.8% over the past 5 years.
Debt Coverage: G2M's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: G2M's interest payments on its debt are not well covered by EBIT (1.1x coverage).