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¥5.4B and total debt of CN¥301.8M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥8.8B and CN¥3.3B respectively. Beijing Lier High-temperature MaterialsLtd's EBIT is CN¥571.0M making its interest coverage ratio 468.4. It has cash and short-term investments of CN¥1.0B.
Key information
5.6%
Debt to equity ratio
CN¥301.77m
Debt
Interest coverage ratio | 468.4x |
Cash | CN¥1.03b |
Equity | CN¥5.41b |
Total liabilities | CN¥3.35b |
Total assets | CN¥8.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002392's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002392's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥64.7M).
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 4.3% to 5.6% over the past 5 years.
Debt Coverage: 002392's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 002392's interest payments on its debt are well covered by EBIT (468.4x coverage).