Bichamp Cutting Technology (Hunan) Balance Sheet Health
Financial Health criteria checks 5/6
Bichamp Cutting Technology (Hunan) has a total shareholder equity of CN¥1.4B and total debt of CN¥415.3M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Bichamp Cutting Technology (Hunan)'s EBIT is CN¥54.2M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥552.3M.
Key information
29.5%
Debt to equity ratio
CN¥415.28m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥552.25m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥2.59b |
Recent financial health updates
Recent updates
Further Upside For Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Shares Could Introduce Price Risks After 39% Bounce
Oct 14
Why Bichamp Cutting Technology (Hunan)'s (SZSE:002843) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 04The Market Doesn't Like What It Sees From Bichamp Cutting Technology (Hunan) Co., Ltd.'s (SZSE:002843) Earnings Yet As Shares Tumble 31%
Jul 18Bichamp Cutting Technology (Hunan) (SZSE:002843) Will Be Hoping To Turn Its Returns On Capital Around
Jun 10Does Bichamp Cutting Technology (Hunan) (SZSE:002843) Have A Healthy Balance Sheet?
May 24Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing
Apr 17Financial Position Analysis
Short Term Liabilities: 002843's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥866.9M).
Long Term Liabilities: 002843's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥313.0M).
Debt to Equity History and Analysis
Debt Level: 002843 has more cash than its total debt.
Reducing Debt: 002843's debt to equity ratio has increased from 6.8% to 29.5% over the past 5 years.
Debt Coverage: 002843's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 002843's interest payments on its debt are well covered by EBIT (7.4x coverage).