Xinjiang Beixin Road & Bridge Group Balance Sheet Health
Financial Health criteria checks 1/6
Xinjiang Beixin Road & Bridge Group has a total shareholder equity of CN¥5.6B and total debt of CN¥36.5B, which brings its debt-to-equity ratio to 650%. Its total assets and total liabilities are CN¥55.1B and CN¥49.5B respectively. Xinjiang Beixin Road & Bridge Group's EBIT is CN¥1.2B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥3.7B.
Key information
650.0%
Debt to equity ratio
CN¥36.47b
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥3.68b |
Equity | CN¥5.61b |
Total liabilities | CN¥49.45b |
Total assets | CN¥55.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002307's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥14.0B).
Long Term Liabilities: 002307's short term assets (CN¥14.1B) do not cover its long term liabilities (CN¥35.5B).
Debt to Equity History and Analysis
Debt Level: 002307's net debt to equity ratio (584.4%) is considered high.
Reducing Debt: 002307's debt to equity ratio has increased from 293.6% to 650% over the past 5 years.
Debt Coverage: 002307's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: 002307's interest payments on its debt are not well covered by EBIT (1.5x coverage).