Baiyin Nonferrous Group Balance Sheet Health
Financial Health criteria checks 4/6
Baiyin Nonferrous Group has a total shareholder equity of CN¥17.7B and total debt of CN¥20.7B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are CN¥48.5B and CN¥30.7B respectively. Baiyin Nonferrous Group's EBIT is CN¥1.8B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥5.6B.
Key information
116.5%
Debt to equity ratio
CN¥20.68b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥5.64b |
| Equity | CN¥17.75b |
| Total liabilities | CN¥30.73b |
| Total assets | CN¥48.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601212's short term assets (CN¥27.9B) exceed its short term liabilities (CN¥21.8B).
Long Term Liabilities: 601212's short term assets (CN¥27.9B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 601212's net debt to equity ratio (84.8%) is considered high.
Reducing Debt: 601212's debt to equity ratio has reduced from 160.2% to 116.5% over the past 5 years.
Debt Coverage: 601212's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 601212's interest payments on its debt are well covered by EBIT (3.2x coverage).