Baowu Magnesium Technology Balance Sheet Health
Financial Health criteria checks 4/6
Baowu Magnesium Technology has a total shareholder equity of CN¥6.1B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are CN¥12.5B and CN¥6.4B respectively. Baowu Magnesium Technology's EBIT is CN¥441.8M making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥331.3M.
Key information
85.1%
Debt to equity ratio
CN¥5.19b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥331.32m |
| Equity | CN¥6.10b |
| Total liabilities | CN¥6.35b |
| Total assets | CN¥12.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002182's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002182's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 002182's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: 002182's debt to equity ratio has reduced from 97.6% to 85.1% over the past 5 years.
Debt Coverage: 002182's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 002182's interest payments on its debt are well covered by EBIT (4.1x coverage).