BingEx Balance Sheet Health
Financial Health criteria checks 6/6
BingEx has a total shareholder equity of CN¥428.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥584.8M respectively. BingEx's EBIT is CN¥109.8M making its interest coverage ratio -4. It has cash and short-term investments of CN¥825.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥825.61m |
| Equity | CN¥428.11m |
| Total liabilities | CN¥584.84m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLX's short term assets (CN¥892.5M) exceed its short term liabilities (CN¥548.9M).
Long Term Liabilities: FLX's short term assets (CN¥892.5M) exceed its long term liabilities (CN¥36.0M).
Debt to Equity History and Analysis
Debt Level: FLX is debt free.
Reducing Debt: FLX had no debt 5 years ago.
Debt Coverage: FLX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FLX has no debt, therefore coverage of interest payments is not a concern.