BSM ChemicalLtd Balance Sheet Health
Financial Health criteria checks 4/6
BSM ChemicalLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥612.2M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥2.9B and CN¥1.2B respectively. BSM ChemicalLtd's EBIT is CN¥109.2M making its interest coverage ratio -38.1. It has cash and short-term investments of CN¥661.5M.
Key information
35.9%
Debt to equity ratio
CN¥612.23m
Debt
Interest coverage ratio | -38.1x |
Cash | CN¥661.51m |
Equity | CN¥1.70b |
Total liabilities | CN¥1.22b |
Total assets | CN¥2.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300796's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥803.9M).
Long Term Liabilities: 300796's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥416.7M).
Debt to Equity History and Analysis
Debt Level: 300796 has more cash than its total debt.
Reducing Debt: 300796's debt to equity ratio has increased from 0% to 35.9% over the past 5 years.
Debt Coverage: 300796's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 300796 earns more interest than it pays, so coverage of interest payments is not a concern.