Beijing New Building Materials Balance Sheet Health
Financial Health criteria checks 5/6
Beijing New Building Materials has a total shareholder equity of CN¥25.2B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥35.0B and CN¥9.8B respectively. Beijing New Building Materials's EBIT is CN¥4.1B making its interest coverage ratio -294.2. It has cash and short-term investments of CN¥3.1B.
Key information
11.4%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | -294.2x |
| Cash | CN¥3.11b |
| Equity | CN¥25.20b |
| Total liabilities | CN¥9.75b |
| Total assets | CN¥34.96b |
Recent financial health updates
Beijing New Building Materials (SZSE:000786) Seems To Use Debt Rather Sparingly
Jul 14
Is Beijing New Building Materials (SZSE:000786) Using Too Much Debt?
Mar 12Recent updates
Beijing New Building Materials (SZSE:000786) Seems To Use Debt Rather Sparingly
Jul 14Beijing New Building Materials (SZSE:000786) Is Paying Out A Larger Dividend Than Last Year
Jun 16Improved Earnings Required Before Beijing New Building Materials Public Limited Company (SZSE:000786) Shares Find Their Feet
Jun 10Here's What To Make Of Beijing New Building Materials' (SZSE:000786) Decelerating Rates Of Return
May 27When Should You Buy Beijing New Building Materials Public Limited Company (SZSE:000786)?
May 13Is Beijing New Building Materials Public Limited Company (SZSE:000786) Trading At A 36% Discount?
Apr 17Beijing New Building Materials Public Limited Company Just Missed Earnings - But Analysts Have Updated Their Models
Mar 24Is Beijing New Building Materials (SZSE:000786) Using Too Much Debt?
Mar 12Financial Position Analysis
Short Term Liabilities: 000786's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 000786's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 000786 has more cash than its total debt.
Reducing Debt: 000786's debt to equity ratio has increased from 8.6% to 11.4% over the past 5 years.
Debt Coverage: 000786's debt is well covered by operating cash flow (174.8%).
Interest Coverage: 000786 earns more interest than it pays, so coverage of interest payments is not a concern.