Baowu Magnesium Technology Balance Sheet Health
Financial Health criteria checks 4/6
Baowu Magnesium Technology has a total shareholder equity of CN¥6.1B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are CN¥11.9B and CN¥5.8B respectively. Baowu Magnesium Technology's EBIT is CN¥515.3M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥460.6M.
Key information
78.7%
Debt to equity ratio
CN¥4.82b
Debt
Interest coverage ratio | 4.8x |
Cash | CN¥460.63m |
Equity | CN¥6.12b |
Total liabilities | CN¥5.82b |
Total assets | CN¥11.94b |
Recent financial health updates
Recent updates
Baowu Magnesium Technology (SZSE:002182) Is Paying Out A Larger Dividend Than Last Year
Jun 09We Think That There Are More Issues For Baowu Magnesium Technology (SZSE:002182) Than Just Sluggish Earnings
May 01Some Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 28Baowu Magnesium Technology's (SZSE:002182) Returns On Capital Not Reflecting Well On The Business
Apr 22Does Baowu Magnesium Technology (SZSE:002182) Have A Healthy Balance Sheet?
Mar 26Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Mar 07Financial Position Analysis
Short Term Liabilities: 002182's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002182's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 002182's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: 002182's debt to equity ratio has reduced from 113.7% to 78.7% over the past 5 years.
Debt Coverage: 002182's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 002182's interest payments on its debt are well covered by EBIT (4.8x coverage).