BAIC Motor Balance Sheet Health
Financial Health criteria checks 6/6
BAIC Motor has a total shareholder equity of CN¥79.1B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥96.0B and CN¥16.9B respectively. BAIC Motor's EBIT is CN¥17.9B making its interest coverage ratio -60.6. It has cash and short-term investments of CN¥2.9B.
Key information
3.8%
Debt to equity ratio
CN¥2.99b
Debt
| Interest coverage ratio | -60.6x |
| Cash | CN¥2.94b |
| Equity | CN¥79.14b |
| Total liabilities | CN¥16.89b |
| Total assets | CN¥96.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2B5's short term assets (CN¥35.7B) exceed its short term liabilities (CN¥13.3B).
Long Term Liabilities: 2B5's short term assets (CN¥35.7B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 2B5's net debt to equity ratio (0.05%) is considered satisfactory.
Reducing Debt: 2B5's debt to equity ratio has reduced from 29.3% to 3.8% over the past 5 years.
Debt Coverage: 2B5's debt is well covered by operating cash flow (645.7%).
Interest Coverage: 2B5 earns more interest than it pays, so coverage of interest payments is not a concern.