Beijing New Building Materials Balance Sheet Health
Financial Health criteria checks 5/6
Beijing New Building Materials has a total shareholder equity of CN¥26.2B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are CN¥36.4B and CN¥10.2B respectively. Beijing New Building Materials's EBIT is CN¥4.4B making its interest coverage ratio -1489.1. It has cash and short-term investments of CN¥3.4B.
Key information
9.8%
Debt to equity ratio
CN¥2.58b
Debt
| Interest coverage ratio | -1489.1x |
| Cash | CN¥3.41b |
| Equity | CN¥26.19b |
| Total liabilities | CN¥10.16b |
| Total assets | CN¥36.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000786's short term assets (CN¥13.7B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 000786's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥1.2B).
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 9.4% to 9.8% over the past 5 years.
Debt Coverage: 000786's debt is well covered by operating cash flow (212.7%).
Interest Coverage: 000786 earns more interest than it pays, so coverage of interest payments is not a concern.