Befar GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Befar GroupLtd has a total shareholder equity of CN¥11.4B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are CN¥22.3B and CN¥11.0B respectively. Befar GroupLtd's EBIT is CN¥229.5M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.2B.
Key information
78.4%
Debt to equity ratio
CN¥8.93b
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥1.16b |
| Equity | CN¥11.39b |
| Total liabilities | CN¥10.95b |
| Total assets | CN¥22.34b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Befar GroupLtd (SHSE:601678)
Sep 05
Befar GroupLtd (SHSE:601678) Seems To Be Using A Lot Of Debt
May 26Befar GroupLtd (SHSE:601678) Will Want To Turn Around Its Return Trends
Mar 28Earnings Working Against Befar Group Co.,Ltd's (SHSE:601678) Share Price
Mar 01Financial Position Analysis
Short Term Liabilities: 601678's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 601678's short term assets (CN¥3.9B) do not cover its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 601678's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 601678's debt to equity ratio has increased from 52.3% to 78.4% over the past 5 years.
Debt Coverage: 601678's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 601678 earns more interest than it pays, so coverage of interest payments is not a concern.