Baoxiniao Holding Balance Sheet Health
Financial Health criteria checks 5/6
Baoxiniao Holding has a total shareholder equity of CN¥4.5B and total debt of CN¥652.4M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥7.1B and CN¥2.6B respectively. Baoxiniao Holding's EBIT is CN¥769.9M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥2.5B.
Key information
14.6%
Debt to equity ratio
CN¥652.38m
Debt
Interest coverage ratio | -9.8x |
Cash | CN¥2.46b |
Equity | CN¥4.47b |
Total liabilities | CN¥2.58b |
Total assets | CN¥7.06b |
Financial Position Analysis
Short Term Liabilities: 002154's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002154's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥108.1M).
Debt to Equity History and Analysis
Debt Level: 002154 has more cash than its total debt.
Reducing Debt: 002154's debt to equity ratio has increased from 9.6% to 14.6% over the past 5 years.
Debt Coverage: 002154's debt is well covered by operating cash flow (176.8%).
Interest Coverage: 002154 earns more interest than it pays, so coverage of interest payments is not a concern.