Bear Electric ApplianceLtd Balance Sheet Health
Financial Health criteria checks 5/6
Bear Electric ApplianceLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥498.6M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥5.4B and CN¥2.5B respectively. Bear Electric ApplianceLtd's EBIT is CN¥408.3M making its interest coverage ratio -18. It has cash and short-term investments of CN¥3.1B.
Key information
17.3%
Debt to equity ratio
CN¥498.58m
Debt
| Interest coverage ratio | -18x |
| Cash | CN¥3.12b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥2.49b |
| Total assets | CN¥5.37b |
Recent financial health updates
No updates
Recent updates
There Are Some Reasons To Suggest That Bear Electric ApplianceLtd's (SZSE:002959) Earnings Are A Poor Reflection Of Profitability
Apr 15
Bear 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¥3.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002959's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥481.4M).
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 2.5% to 17.3% over the past 5 years.
Debt Coverage: 002959's debt is well covered by operating cash flow (121%).
Interest Coverage: 002959 earns more interest than it pays, so coverage of interest payments is not a concern.