Bros Eastern.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Bros Eastern.Ltd has a total shareholder equity of CN¥9.8B and total debt of CN¥5.7B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are CN¥16.1B and CN¥6.3B respectively. Bros Eastern.Ltd's EBIT is CN¥41.9M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.8B.
Key information
58.1%
Debt to equity ratio
CN¥5.69b
Debt
Interest coverage ratio | -0.08x |
Cash | CN¥2.75b |
Equity | CN¥9.79b |
Total liabilities | CN¥6.29b |
Total assets | CN¥16.08b |
Financial Position Analysis
Short Term Liabilities: 601339's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 601339's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 601339's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 601339's debt to equity ratio has reduced from 62.2% to 58.1% over the past 5 years.
Debt Coverage: 601339's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 601339 earns more interest than it pays, so coverage of interest payments is not a concern.