Beijing Haixin Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Haixin Energy TechnologyLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CN¥10.6B and CN¥3.8B respectively.
Key information
16.4%
Debt to equity ratio
CN¥1.11b
Debt
Interest coverage ratio | n/a |
Cash | CN¥514.36m |
Equity | CN¥6.81b |
Total liabilities | CN¥3.81b |
Total assets | CN¥10.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300072's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300072's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥639.2M).
Debt to Equity History and Analysis
Debt Level: 300072's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 300072's debt to equity ratio has reduced from 51.8% to 16.4% over the past 5 years.
Debt Coverage: 300072's debt is well covered by operating cash flow (41.2%).
Interest Coverage: Insufficient data to determine if 300072's interest payments on its debt are well covered by EBIT.