Beijing Emerging Eastern Aviation Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Emerging Eastern Aviation Equipment has a total shareholder equity of CN¥1.5B and total debt of CN¥400.0M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥2.4B and CN¥952.3M respectively. Beijing Emerging Eastern Aviation Equipment's EBIT is CN¥985.0K making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥1.4B.
Key information
27.1%
Debt to equity ratio
CN¥400.00m
Debt
| Interest coverage ratio | -0.07x |
| Cash | CN¥1.37b |
| Equity | CN¥1.48b |
| Total liabilities | CN¥952.31m |
| Total assets | CN¥2.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002933's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥473.0M).
Long Term Liabilities: 002933's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥479.3M).
Debt to Equity History and Analysis
Debt Level: 002933 has more cash than its total debt.
Reducing Debt: 002933's debt to equity ratio has increased from 0% to 27.1% over the past 5 years.
Debt Coverage: 002933's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 002933 earns more interest than it pays, so coverage of interest payments is not a concern.