Baiyang Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
Baiyang Investment Group has a total shareholder equity of CN¥1.5B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively.
Key information
68.0%
Debt to equity ratio
CN¥1.04b
Debt
Interest coverage ratio | n/a |
Cash | CN¥516.16m |
Equity | CN¥1.53b |
Total liabilities | CN¥1.44b |
Total assets | CN¥2.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002696's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥804.9M).
Long Term Liabilities: 002696's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥639.4M).
Debt to Equity History and Analysis
Debt Level: 002696's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 002696's debt to equity ratio has increased from 29.5% to 68% over the past 5 years.
Debt Coverage: 002696's debt is well covered by operating cash flow (30.6%).
Interest Coverage: Insufficient data to determine if 002696's interest payments on its debt are well covered by EBIT.