Baotou Huazi Industry Balance Sheet Health
Financial Health criteria checks 6/6
Baotou Huazi Industry has a total shareholder equity of CN¥1.6B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥1.9B and CN¥257.1M respectively. Baotou Huazi Industry's EBIT is CN¥28.5M making its interest coverage ratio -8.9. It has cash and short-term investments of CN¥25.0M.
Key information
1.8%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | -8.9x |
| Cash | CN¥25.01m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥257.15m |
| Total assets | CN¥1.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600191's short term assets (CN¥155.5M) exceed its short term liabilities (CN¥103.3M).
Long Term Liabilities: 600191's short term assets (CN¥155.5M) exceed its long term liabilities (CN¥153.9M).
Debt to Equity History and Analysis
Debt Level: 600191's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 600191's debt to equity ratio has reduced from 5.2% to 1.8% over the past 5 years.
Debt Coverage: 600191's debt is well covered by operating cash flow (381.2%).
Interest Coverage: 600191 earns more interest than it pays, so coverage of interest payments is not a concern.