Beijing Yanjing BreweryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Yanjing BreweryLtd has a total shareholder equity of CN¥15.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥25.1B and CN¥9.4B respectively. Beijing Yanjing BreweryLtd's EBIT is CN¥908.4M making its interest coverage ratio -4. It has cash and short-term investments of CN¥11.1B.
Key information
13.1%
Debt to equity ratio
CN¥2.05b
Debt
Interest coverage ratio | -4x |
Cash | CN¥11.10b |
Equity | CN¥15.67b |
Total liabilities | CN¥9.41b |
Total assets | CN¥25.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000729's short term assets (CN¥15.4B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 000729's short term assets (CN¥15.4B) exceed its long term liabilities (CN¥215.2M).
Debt to Equity History and Analysis
Debt Level: 000729 has more cash than its total debt.
Reducing Debt: 000729's debt to equity ratio has increased from 0.4% to 13.1% over the past 5 years.
Debt Coverage: 000729's debt is well covered by operating cash flow (104.7%).
Interest Coverage: 000729 earns more interest than it pays, so coverage of interest payments is not a concern.