Bethel Automotive Safety Systems Balance Sheet Health
Financial Health criteria checks 6/6
Bethel Automotive Safety Systems has a total shareholder equity of CN¥6.3B and total debt of CN¥396.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥10.9B and CN¥4.7B respectively. Bethel Automotive Safety Systems's EBIT is CN¥1.0B making its interest coverage ratio -28.5. It has cash and short-term investments of CN¥2.4B.
Key information
6.3%
Debt to equity ratio
CN¥396.15m
Debt
Interest coverage ratio | -28.5x |
Cash | CN¥2.37b |
Equity | CN¥6.29b |
Total liabilities | CN¥4.65b |
Total assets | CN¥10.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603596's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603596's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥495.1M).
Debt to Equity History and Analysis
Debt Level: 603596 has more cash than its total debt.
Reducing Debt: 603596's debt to equity ratio has reduced from 11.5% to 6.3% over the past 5 years.
Debt Coverage: 603596's debt is well covered by operating cash flow (197.2%).
Interest Coverage: 603596 earns more interest than it pays, so coverage of interest payments is not a concern.