Bozhon Precision Industry TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Bozhon Precision Industry TechnologyLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are CN¥8.1B and CN¥3.9B respectively. Bozhon Precision Industry TechnologyLtd's EBIT is CN¥234.8M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥1.1B.
Key information
49.2%
Debt to equity ratio
CN¥2.04b
Debt
Interest coverage ratio | 6.4x |
Cash | CN¥1.07b |
Equity | CN¥4.16b |
Total liabilities | CN¥3.90b |
Total assets | CN¥8.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688097's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 688097's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥301.6M).
Debt to Equity History and Analysis
Debt Level: 688097's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: 688097's debt to equity ratio has increased from 34.9% to 49.2% over the past 5 years.
Debt Coverage: 688097's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688097's interest payments on its debt are well covered by EBIT (6.4x coverage).