Shanghai Bairun Investment Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Bairun Investment Holding Group has a total shareholder equity of CN¥4.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are CN¥7.1B and CN¥2.9B respectively. Shanghai Bairun Investment Holding Group's EBIT is CN¥944.8M making its interest coverage ratio 250.6. It has cash and short-term investments of CN¥1.6B.
Key information
41.5%
Debt to equity ratio
CN¥1.73b
Debt
Interest coverage ratio | 250.6x |
Cash | CN¥1.57b |
Equity | CN¥4.17b |
Total liabilities | CN¥2.92b |
Total assets | CN¥7.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002568's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002568's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002568's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 002568's debt to equity ratio has increased from 0% to 41.5% over the past 5 years.
Debt Coverage: 002568's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 002568's interest payments on its debt are well covered by EBIT (250.6x coverage).