Baiyang Investment Group Balance Sheet Health
Financial Health criteria checks 3/6
Baiyang Investment Group has a total shareholder equity of CN¥1.5B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are CN¥3.0B and CN¥1.6B respectively.
Key information
79.0%
Debt to equity ratio
CN¥1.15b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥621.98m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥3.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002696's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002696's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥546.1M).
Debt to Equity History and Analysis
Debt Level: 002696's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 002696's debt to equity ratio has increased from 55.2% to 79% over the past 5 years.
Debt Coverage: 002696's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: Insufficient data to determine if 002696's interest payments on its debt are well covered by EBIT.