Ningbo Boway Alloy Material Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Boway Alloy Material has a total shareholder equity of CN¥7.8B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥17.3B and CN¥9.5B respectively. Ningbo Boway Alloy Material's EBIT is CN¥2.1B making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥2.0B.
Key information
74.7%
Debt to equity ratio
CN¥5.79b
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥2.01b |
| Equity | CN¥7.76b |
| Total liabilities | CN¥9.50b |
| Total assets | CN¥17.25b |
Recent financial health updates
Is Ningbo Boway Alloy Material (SHSE:601137) A Risky Investment?
Jul 01
Ningbo Boway Alloy Material (SHSE:601137) Has A Pretty Healthy Balance Sheet
Mar 17Recent updates
Ningbo Boway Alloy Material's (SHSE:601137) Earnings May Just Be The Starting Point
Nov 01Is Now The Time To Put Ningbo Boway Alloy Material (SHSE:601137) On Your Watchlist?
Oct 08Ningbo Boway Alloy Material Company Limited's (SHSE:601137) Low P/E No Reason For Excitement
Sep 25We Like These Underlying Return On Capital Trends At Ningbo Boway Alloy Material (SHSE:601137)
Aug 28Is Ningbo Boway Alloy Material (SHSE:601137) A Risky Investment?
Jul 01If EPS Growth Is Important To You, Ningbo Boway Alloy Material (SHSE:601137) Presents An Opportunity
Jun 10Does This Valuation Of Ningbo Boway Alloy Material Company Limited (SHSE:601137) Imply Investors Are Overpaying?
May 27Investors Will Want Ningbo Boway Alloy Material's (SHSE:601137) Growth In ROCE To Persist
May 13We Think Ningbo Boway Alloy Material's (SHSE:601137) Profit Is Only A Baseline For What They Can Achieve
Apr 29Ningbo Boway Alloy Material Company Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 25Ningbo Boway Alloy Material Company Limited (SHSE:601137) Shares Fly 38% But Investors Aren't Buying For Growth
Mar 21Ningbo Boway Alloy Material (SHSE:601137) Has A Pretty Healthy Balance Sheet
Mar 17Financial Position Analysis
Short Term Liabilities: 601137's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: 601137's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 601137's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 601137's debt to equity ratio has increased from 56% to 74.7% over the past 5 years.
Debt Coverage: 601137's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 601137's interest payments on its debt are well covered by EBIT (8.2x coverage).