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¥299.9M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥8.8B and CN¥3.3B respectively. Beijing Lier High-temperature MaterialsLtd's EBIT is CN¥436.9M making its interest coverage ratio 130.2. It has cash and short-term investments of CN¥1.0B.
Key information
5.5%
Debt to equity ratio
CN¥299.87m
Debt
Interest coverage ratio | 130.2x |
Cash | CN¥1.04b |
Equity | CN¥5.41b |
Total liabilities | CN¥3.35b |
Total assets | CN¥8.76b |
Recent financial health 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 5.5% 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 (130.2x coverage).