Bohai Leasing Balance Sheet Health
Financial Health criteria checks 0/6
Bohai Leasing has a total shareholder equity of CN¥46.5B and total debt of CN¥194.1B, which brings its debt-to-equity ratio to 417.1%. Its total assets and total liabilities are CN¥261.6B and CN¥215.0B respectively. Bohai Leasing's EBIT is CN¥13.1B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥4.9B.
Key information
417.1%
Debt to equity ratio
CN¥194.14b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥4.86b |
Equity | CN¥46.55b |
Total liabilities | CN¥215.02b |
Total assets | CN¥261.57b |
Recent financial health updates
Recent updates
We Think Bohai Leasing (SZSE:000415) Is Taking Some Risk With Its Debt
Jun 21Bohai Leasing Co., Ltd.'s (SZSE:000415) Share Price Not Quite Adding Up
May 29Bohai Leasing's (SZSE:000415) Solid Earnings Are Supported By Other Strong Factors
May 06Subdued Growth No Barrier To Bohai Leasing Co., Ltd.'s (SZSE:000415) Price
Feb 28Financial Position Analysis
Short Term Liabilities: 000415's short term assets (CN¥12.6B) do not cover its short term liabilities (CN¥47.3B).
Long Term Liabilities: 000415's short term assets (CN¥12.6B) do not cover its long term liabilities (CN¥167.7B).
Debt to Equity History and Analysis
Debt Level: 000415's net debt to equity ratio (406.6%) is considered high.
Reducing Debt: 000415's debt to equity ratio has increased from 343.4% to 417.1% over the past 5 years.
Debt Coverage: 000415's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 000415's interest payments on its debt are not well covered by EBIT (1.6x coverage).