Baoding Technology Balance Sheet Health
Financial Health criteria checks 4/6
Baoding Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are CN¥5.1B and CN¥2.9B respectively. Baoding Technology's EBIT is CN¥49.6M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥704.2M.
Key information
69.1%
Debt to equity ratio
CN¥1.52b
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥704.17m |
| Equity | CN¥2.21b |
| Total liabilities | CN¥2.89b |
| Total assets | CN¥5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002552's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002552's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥545.9M).
Debt to Equity History and Analysis
Debt Level: 002552's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 002552's debt to equity ratio has increased from 0% to 69.1% over the past 5 years.
Debt Coverage: 002552's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 002552 earns more interest than it pays, so coverage of interest payments is not a concern.