Ningbo Bohui Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ningbo Bohui Chemical TechnologyLtd has a total shareholder equity of CN¥662.0M and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 211.1%. Its total assets and total liabilities are CN¥2.6B and CN¥2.0B respectively.
Key information
211.1%
Debt to equity ratio
CN¥1.40b
Debt
Interest coverage ratio | n/a |
Cash | CN¥466.37m |
Equity | CN¥662.04m |
Total liabilities | CN¥1.96b |
Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300839's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300839's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥748.0M).
Debt to Equity History and Analysis
Debt Level: 300839's net debt to equity ratio (140.7%) is considered high.
Reducing Debt: 300839's debt to equity ratio has increased from 86.1% to 211.1% over the past 5 years.
Debt Coverage: 300839's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: Insufficient data to determine if 300839's interest payments on its debt are well covered by EBIT.