Shenzhen Batian Ecotypic Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Batian Ecotypic Engineering has a total shareholder equity of CN¥2.5B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are CN¥5.7B and CN¥3.2B respectively. Shenzhen Batian Ecotypic Engineering's EBIT is CN¥370.2M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥758.6M.
Key information
81.7%
Debt to equity ratio
CN¥2.04b
Debt
Interest coverage ratio | 7.6x |
Cash | CN¥758.61m |
Equity | CN¥2.49b |
Total liabilities | CN¥3.25b |
Total assets | CN¥5.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002170's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 002170's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥437.8M).
Debt to Equity History and Analysis
Debt Level: 002170's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 002170's debt to equity ratio has increased from 36.3% to 81.7% over the past 5 years.
Debt Coverage: 002170's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 002170's interest payments on its debt are well covered by EBIT (7.6x coverage).