Baoding Technology Balance Sheet Health
Financial Health criteria checks 3/6
Baoding Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are CN¥5.0B and CN¥2.8B respectively. Baoding Technology's EBIT is CN¥20.8M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥725.0M.
Key information
75.4%
Debt to equity ratio
CN¥1.64b
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥724.99m |
| Equity | CN¥2.18b |
| Total liabilities | CN¥2.81b |
| Total assets | CN¥4.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002552's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002552's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥620.8M).
Debt to Equity History and Analysis
Debt Level: 002552's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 002552's debt to equity ratio has increased from 0% to 75.4% over the past 5 years.
Debt Coverage: 002552's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 002552 earns more interest than it pays, so coverage of interest payments is not a concern.