Shenzhen Batian Ecotypic Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Batian Ecotypic Engineering has a total shareholder equity of CN¥2.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are CN¥5.7B and CN¥3.2B respectively. Shenzhen Batian Ecotypic Engineering's EBIT is CN¥412.9M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥724.5M.
Key information
84.9%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥724.54m |
| Equity | CN¥2.53b |
| Total liabilities | CN¥3.22b |
| Total assets | CN¥5.74b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) Shares 27% But It Can Do More
Nov 08
Shenzhen Batian Ecotypic Engineering's (SZSE:002170) Profits Appear To Have Quality Issues
Nov 06Not Many Are Piling Into Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) Just Yet
Aug 15Is Now The Time To Put Shenzhen Batian Ecotypic Engineering (SZSE:002170) On Your Watchlist?
Jul 19Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 08Financial Position Analysis
Short Term Liabilities: 002170's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 002170's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥465.1M).
Debt to Equity History and Analysis
Debt Level: 002170's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: 002170's debt to equity ratio has increased from 18.1% to 84.9% over the past 5 years.
Debt Coverage: 002170's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 002170's interest payments on its debt are well covered by EBIT (6.6x coverage).