Xinjiang Beixin Road & Bridge Group Balance Sheet Health
Financial Health criteria checks 1/6
Xinjiang Beixin Road & Bridge Group has a total shareholder equity of CN¥5.6B and total debt of CN¥38.3B, which brings its debt-to-equity ratio to 684.7%. Its total assets and total liabilities are CN¥57.0B and CN¥51.4B respectively. Xinjiang Beixin Road & Bridge Group's EBIT is CN¥1.0B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥4.4B.
Key information
684.7%
Debt to equity ratio
CN¥38.27b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥4.38b |
| Equity | CN¥5.59b |
| Total liabilities | CN¥51.39b |
| Total assets | CN¥56.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002307's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥14.1B).
Long Term Liabilities: 002307's short term assets (CN¥14.6B) do not cover its long term liabilities (CN¥37.3B).
Debt to Equity History and Analysis
Debt Level: 002307's net debt to equity ratio (606.4%) is considered high.
Reducing Debt: 002307's debt to equity ratio has increased from 318.8% to 684.7% over the past 5 years.
Debt Coverage: 002307's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002307's interest payments on its debt are not well covered by EBIT (1.2x coverage).