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¥685.1M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are CN¥3.0B and CN¥1.2B respectively. BSM ChemicalLtd's EBIT is CN¥69.3M making its interest coverage ratio 15528.5. It has cash and short-term investments of CN¥671.5M.
Key information
39.8%
Debt to equity ratio
CN¥685.07m
Debt
Interest coverage ratio | 15528.5x |
Cash | CN¥671.50m |
Equity | CN¥1.72b |
Total liabilities | CN¥1.24b |
Total assets | CN¥2.96b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300796's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥808.2M).
Long Term Liabilities: 300796's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥434.4M).
Debt to Equity History and Analysis
Debt Level: 300796's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 300796's debt to equity ratio has increased from 0% to 39.8% over the past 5 years.
Debt Coverage: 300796's debt is not well covered by operating cash flow (5%).
Interest Coverage: 300796's interest payments on its debt are well covered by EBIT (15528.5x coverage).