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
No updates
Recent updates
Financial 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.