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¥36.8B, which brings its debt-to-equity ratio to 654.7%. Its total assets and total liabilities are CN¥56.0B and CN¥50.4B respectively. Xinjiang Beixin Road & Bridge Group's EBIT is CN¥1.0B making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥3.6B.
Key information
654.7%
Debt to equity ratio
CN¥36.82b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥3.63b |
| Equity | CN¥5.62b |
| Total liabilities | CN¥50.36b |
| Total assets | CN¥55.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002307's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥14.4B).
Long Term Liabilities: 002307's short term assets (CN¥14.9B) do not cover its long term liabilities (CN¥36.0B).
Debt to Equity History and Analysis
Debt Level: 002307's net debt to equity ratio (590.1%) is considered high.
Reducing Debt: 002307's debt to equity ratio has increased from 321.8% to 654.7% 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 (1.3x coverage).