Beijing Haixin Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Haixin Energy TechnologyLtd has a total shareholder equity of CN¥6.2B and total debt of CN¥868.0M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥10.0B and CN¥3.8B respectively.
Key information
13.9%
Debt to equity ratio
CN¥868.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥728.38m |
| Equity | CN¥6.23b |
| Total liabilities | CN¥3.81b |
| Total assets | CN¥10.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300072's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300072's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥453.8M).
Debt to Equity History and Analysis
Debt Level: 300072's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 300072's debt to equity ratio has reduced from 36.3% to 13.9% over the past 5 years.
Debt Coverage: 300072's debt is well covered by operating cash flow (109.8%).
Interest Coverage: Insufficient data to determine if 300072's interest payments on its debt are well covered by EBIT.