Shenzhen Batian Ecotypic Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Batian Ecotypic Engineering has a total shareholder equity of CN¥2.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are CN¥5.1B and CN¥2.7B respectively. Shenzhen Batian Ecotypic Engineering's EBIT is CN¥253.6M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥563.1M.
Key information
71.0%
Debt to equity ratio
CN¥1.69b
Debt
Interest coverage ratio | 6.3x |
Cash | CN¥563.09m |
Equity | CN¥2.38b |
Total liabilities | CN¥2.72b |
Total assets | CN¥5.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002170's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002170's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥418.0M).
Debt to Equity History and Analysis
Debt Level: 002170's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: 002170's debt to equity ratio has increased from 65.1% to 71% over the past 5 years.
Debt Coverage: 002170's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 002170's interest payments on its debt are well covered by EBIT (6.3x coverage).