Bozhon Precision Industry TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Bozhon Precision Industry TechnologyLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are CN¥8.9B and CN¥4.6B respectively. Bozhon Precision Industry TechnologyLtd's EBIT is CN¥433.2M making its interest coverage ratio 9. It has cash and short-term investments of CN¥1.3B.
Key information
41.4%
Debt to equity ratio
CN¥1.77b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥1.29b |
| Equity | CN¥4.28b |
| Total liabilities | CN¥4.62b |
| Total assets | CN¥8.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688097's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 688097's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥444.3M).
Debt to Equity History and Analysis
Debt Level: 688097's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 688097's debt to equity ratio has increased from 32.5% to 41.4% over the past 5 years.
Debt Coverage: 688097's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 688097's interest payments on its debt are well covered by EBIT (9x coverage).