Bros Eastern.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Bros Eastern.Ltd has a total shareholder equity of CN¥9.7B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥14.7B and CN¥5.1B respectively. Bros Eastern.Ltd's EBIT is CN¥176.9M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥2.1B.
Key information
46.6%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥2.13b |
| Equity | CN¥9.68b |
| Total liabilities | CN¥5.07b |
| Total assets | CN¥14.75b |
Recent financial health updates
Is Bros Eastern.Ltd (SHSE:601339) A Risky Investment?
Jul 24
Is Bros Eastern.Ltd (SHSE:601339) Using Too Much Debt?
Mar 28Recent updates
Bros Eastern.Ltd's (SHSE:601339) Problems Go Beyond Weak Profit
Nov 06Estimating The Intrinsic Value Of Bros Eastern.,Ltd (SHSE:601339)
Sep 26Is Bros Eastern.Ltd (SHSE:601339) A Risky Investment?
Jul 24Weak Statutory Earnings May Not Tell The Whole Story For Bros Eastern.Ltd (SHSE:601339)
Apr 22Is Bros Eastern.Ltd (SHSE:601339) Using Too Much Debt?
Mar 28Bros Eastern.,Ltd's (SHSE:601339) Business And Shares Still Trailing The Market
Mar 04Financial Position Analysis
Short Term Liabilities: 601339's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 601339's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 601339's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 601339's debt to equity ratio has reduced from 70.5% to 46.6% over the past 5 years.
Debt Coverage: 601339's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 601339 earns more interest than it pays, so coverage of interest payments is not a concern.