Shanghai Baolong Automotive Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Baolong Automotive has a total shareholder equity of CN¥3.1B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are CN¥7.7B and CN¥4.5B respectively. Shanghai Baolong Automotive's EBIT is CN¥501.3M making its interest coverage ratio 32.7. It has cash and short-term investments of CN¥1.1B.
Key information
86.8%
Debt to equity ratio
CN¥2.72b
Debt
Interest coverage ratio | 32.7x |
Cash | CN¥1.10b |
Equity | CN¥3.13b |
Total liabilities | CN¥4.52b |
Total assets | CN¥7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603197's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603197's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 603197's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: 603197's debt to equity ratio has increased from 47.2% to 86.8% over the past 5 years.
Debt Coverage: 603197's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 603197's interest payments on its debt are well covered by EBIT (32.7x coverage).