Beijing Airport High-Tech Park Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Airport High-Tech Park has a total shareholder equity of CN¥1.1B and total debt of CN¥612.4M, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥2.4B and CN¥1.3B respectively.
Key information
55.9%
Debt to equity ratio
CN¥612.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥120.56m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥2.44b |
Financial Position Analysis
Short Term Liabilities: 600463's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 600463's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥154.7M).
Debt to Equity History and Analysis
Debt Level: 600463's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 600463's debt to equity ratio has reduced from 58.8% to 55.9% over the past 5 years.
Debt Coverage: 600463's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600463's interest payments on its debt are well covered by EBIT.