Beiqi Foton MotorLtd Balance Sheet Health
Financial Health criteria checks 4/6
Beiqi Foton MotorLtd has a total shareholder equity of CN¥14.7B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥51.9B and CN¥37.2B respectively. Beiqi Foton MotorLtd's EBIT is CN¥103.7M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥7.2B.
Key information
30.4%
Debt to equity ratio
CN¥4.47b
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥7.20b |
Equity | CN¥14.71b |
Total liabilities | CN¥37.17b |
Total assets | CN¥51.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600166's short term assets (CN¥26.1B) do not cover its short term liabilities (CN¥32.2B).
Long Term Liabilities: 600166's short term assets (CN¥26.1B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 600166 has more cash than its total debt.
Reducing Debt: 600166's debt to equity ratio has reduced from 97.3% to 30.4% over the past 5 years.
Debt Coverage: 600166's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600166 earns more interest than it pays, so coverage of interest payments is not a concern.