Bohai Automotive Systems Balance Sheet Health
Financial Health criteria checks 5/6
Bohai Automotive Systems has a total shareholder equity of CN¥4.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥7.8B and CN¥3.2B respectively.
Key information
27.1%
Debt to equity ratio
CN¥1.26b
Debt
Interest coverage ratio | n/a |
Cash | CN¥772.10m |
Equity | CN¥4.65b |
Total liabilities | CN¥3.16b |
Total assets | CN¥7.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600960's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600960's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥487.2M).
Debt to Equity History and Analysis
Debt Level: 600960's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 600960's debt to equity ratio has reduced from 47% to 27.1% over the past 5 years.
Debt Coverage: 600960's debt is well covered by operating cash flow (20.7%).
Interest Coverage: Insufficient data to determine if 600960's interest payments on its debt are well covered by EBIT.