China Baoan Group Balance Sheet Health
Financial Health criteria checks 4/6
China Baoan Group has a total shareholder equity of CN¥21.5B and total debt of CN¥18.5B, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are CN¥52.5B and CN¥31.0B respectively. China Baoan Group's EBIT is CN¥1.9B making its interest coverage ratio 5. It has cash and short-term investments of CN¥9.4B.
Key information
86.1%
Debt to equity ratio
CN¥18.54b
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥9.36b |
| Equity | CN¥21.52b |
| Total liabilities | CN¥31.02b |
| Total assets | CN¥52.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000009's short term assets (CN¥30.1B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: 000009's short term assets (CN¥30.1B) exceed its long term liabilities (CN¥15.4B).
Debt to Equity History and Analysis
Debt Level: 000009's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 000009's debt to equity ratio has reduced from 108.9% to 86.1% over the past 5 years.
Debt Coverage: 000009's debt is not well covered by operating cash flow (14%).
Interest Coverage: 000009's interest payments on its debt are well covered by EBIT (5x coverage).