Baimtec MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Baimtec MaterialLtd has a total shareholder equity of CN¥10.2B and total debt of CN¥74.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥11.6B and CN¥1.5B respectively. Baimtec MaterialLtd's EBIT is CN¥565.4M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥6.5B.
Key information
0.7%
Debt to equity ratio
CN¥74.54m
Debt
Interest coverage ratio | -10.9x |
Cash | CN¥6.51b |
Equity | CN¥10.16b |
Total liabilities | CN¥1.47b |
Total assets | CN¥11.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688563's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688563's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥112.8M).
Debt to Equity History and Analysis
Debt Level: 688563 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688563's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688563's debt is well covered by operating cash flow (397.7%).
Interest Coverage: 688563 earns more interest than it pays, so coverage of interest payments is not a concern.