Baotou Huazi Industry Balance Sheet Health
Financial Health criteria checks 5/6
Baotou Huazi Industry has a total shareholder equity of CN¥1.5B and total debt of CN¥172.1M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥1.9B and CN¥399.1M respectively. Baotou Huazi Industry's EBIT is CN¥7.0M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥47.1M.
Key information
11.2%
Debt to equity ratio
CN¥172.10m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥47.12m |
Equity | CN¥1.54b |
Total liabilities | CN¥399.10m |
Total assets | CN¥1.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600191's short term assets (CN¥270.6M) exceed its short term liabilities (CN¥224.9M).
Long Term Liabilities: 600191's short term assets (CN¥270.6M) exceed its long term liabilities (CN¥174.2M).
Debt to Equity History and Analysis
Debt Level: 600191's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 600191's debt to equity ratio has increased from 7.5% to 11.2% over the past 5 years.
Debt Coverage: 600191's debt is well covered by operating cash flow (64%).
Interest Coverage: 600191 earns more interest than it pays, so coverage of interest payments is not a concern.