Beijing Lier High-temperature MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Lier High-temperature MaterialsLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥347.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥9.3B and CN¥3.8B respectively. Beijing Lier High-temperature MaterialsLtd's EBIT is CN¥456.8M making its interest coverage ratio 487.8. It has cash and short-term investments of CN¥1.2B.
Key information
6.3%
Debt to equity ratio
CN¥347.00m
Debt
| Interest coverage ratio | 487.8x |
| Cash | CN¥1.20b |
| Equity | CN¥5.53b |
| Total liabilities | CN¥3.80b |
| Total assets | CN¥9.33b |
Recent financial health updates
Is Beijing Lier High-temperature MaterialsLtd (SZSE:002392) A Risky Investment?
Sep 30
Is Beijing Lier High-temperature MaterialsLtd (SZSE:002392) Using Too Much Debt?
Jun 06Recent updates
Improved Earnings Required Before Beijing Lier High-temperature Materials Co.,Ltd. (SZSE:002392) Stock's 25% Jump Looks Justified
Nov 20Is Beijing Lier High-temperature MaterialsLtd (SZSE:002392) A Risky Investment?
Sep 30Is Beijing Lier High-temperature MaterialsLtd (SZSE:002392) Using Too Much Debt?
Jun 06Beijing Lier High-temperature Materials Co.,Ltd.'s (SZSE:002392) Low P/E No Reason For Excitement
Apr 17Financial Position Analysis
Short Term Liabilities: 002392's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002392's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥263.1M).
Debt to Equity History and Analysis
Debt Level: 002392 has more cash than its total debt.
Reducing Debt: 002392's debt to equity ratio has increased from 1.3% to 6.3% over the past 5 years.
Debt Coverage: 002392's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002392's interest payments on its debt are well covered by EBIT (487.8x coverage).