China Baoan Group Balance Sheet Health
Financial Health criteria checks 5/6
China Baoan Group has a total shareholder equity of CN¥21.5B and total debt of CN¥17.8B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are CN¥52.2B and CN¥30.7B respectively. China Baoan Group's EBIT is CN¥2.3B making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥11.5B.
Key information
82.9%
Debt to equity ratio
CN¥17.80b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥11.52b |
| Equity | CN¥21.48b |
| Total liabilities | CN¥30.70b |
| Total assets | CN¥52.18b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000009's short term assets (CN¥30.3B) exceed its short term liabilities (CN¥15.2B).
Long Term Liabilities: 000009's short term assets (CN¥30.3B) exceed its long term liabilities (CN¥15.5B).
Debt to Equity History and Analysis
Debt Level: 000009's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 000009's debt to equity ratio has reduced from 107.9% to 82.9% over the past 5 years.
Debt Coverage: 000009's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 000009's interest payments on its debt are well covered by EBIT (4.8x coverage).