Bear Electric ApplianceLtd Balance Sheet Health
Financial Health criteria checks 4/6
Bear Electric ApplianceLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥653.9M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are CN¥5.5B and CN¥2.7B respectively. Bear Electric ApplianceLtd's EBIT is CN¥285.6M making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥2.5B.
Key information
23.5%
Debt to equity ratio
CN¥653.85m
Debt
| Interest coverage ratio | -10.4x |
| Cash | CN¥2.48b |
| Equity | CN¥2.79b |
| Total liabilities | CN¥2.73b |
| Total assets | CN¥5.51b |
Recent financial health updates
No updates
Recent updates
Bear Electric Appliance Co.,Ltd.'s (SZSE:002959) Share Price Is Matching Sentiment Around Its Earnings
Oct 11
There Are Reasons To Feel Uneasy About Bear Electric ApplianceLtd's (SZSE:002959) Returns On Capital
Sep 24Analysts Just Slashed Their Bear Electric Appliance Co.,Ltd. (SZSE:002959) EPS Numbers
Sep 04Benign Growth For Bear Electric Appliance Co.,Ltd. (SZSE:002959) Underpins Stock's 26% Plummet
Jul 05Calculating The Intrinsic Value Of Bear Electric Appliance Co.,Ltd. (SZSE:002959)
Jun 19Bear Electric ApplianceLtd (SZSE:002959) Has Announced That It Will Be Increasing Its Dividend To CN¥1.20
May 27There Are Some Reasons To Suggest That Bear Electric ApplianceLtd's (SZSE:002959) Earnings Are A Poor Reflection Of Profitability
Apr 15Bear Electric Appliance Co.,Ltd. (SZSE:002959) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 10Lacklustre Performance Is Driving Bear Electric Appliance Co.,Ltd.'s (SZSE:002959) Low P/E
Feb 27Financial Position Analysis
Short Term Liabilities: 002959's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002959's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥580.4M).
Debt to Equity History and Analysis
Debt Level: 002959 has more cash than its total debt.
Reducing Debt: 002959's debt to equity ratio has increased from 0% to 23.5% over the past 5 years.
Debt Coverage: 002959's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 002959 earns more interest than it pays, so coverage of interest payments is not a concern.