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¥668.0M, which brings its debt-to-equity ratio to 24%. 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
24.0%
Debt to equity ratio
CN¥667.95m
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
Financial 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 24% over the past 5 years.
Debt Coverage: 002959's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 002959 earns more interest than it pays, so coverage of interest payments is not a concern.