Ningbo BaoSi Energy Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo BaoSi Energy Equipment has a total shareholder equity of CN¥2.5B and total debt of CN¥119.6M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥3.3B and CN¥867.1M respectively. Ningbo BaoSi Energy Equipment's EBIT is CN¥450.2M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥554.8M.
Key information
4.8%
Debt to equity ratio
CN¥119.61m
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥554.80m |
| Equity | CN¥2.48b |
| Total liabilities | CN¥867.06m |
| Total assets | CN¥3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300441's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥680.1M).
Long Term Liabilities: 300441's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥186.9M).
Debt to Equity History and Analysis
Debt Level: 300441 has more cash than its total debt.
Reducing Debt: 300441's debt to equity ratio has reduced from 40.2% to 4.8% over the past 5 years.
Debt Coverage: 300441's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300441 earns more interest than it pays, so coverage of interest payments is not a concern.