Ningbo Boway Alloy Material Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Boway Alloy Material has a total shareholder equity of CN¥7.3B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are CN¥15.3B and CN¥8.0B respectively. Ningbo Boway Alloy Material's EBIT is CN¥1.8B making its interest coverage ratio 14.4. It has cash and short-term investments of CN¥2.1B.
Key information
65.2%
Debt to equity ratio
CN¥4.75b
Debt
| Interest coverage ratio | 14.4x |
| Cash | CN¥2.14b |
| Equity | CN¥7.29b |
| Total liabilities | CN¥7.97b |
| Total assets | CN¥15.26b |
Recent financial health updates
Recent updates
If EPS Growth Is Important To You, Ningbo Boway Alloy Material (SHSE:601137) Presents An Opportunity
Jun 10
Does 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¥9.3B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 601137's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 601137's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 601137's debt to equity ratio has increased from 29.1% to 65.2% over the past 5 years.
Debt Coverage: 601137's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 601137's interest payments on its debt are well covered by EBIT (14.4x coverage).