Bluestar Adisseo Balance Sheet Health
Financial Health criteria checks 5/6
Bluestar Adisseo has a total shareholder equity of CN¥15.1B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥21.5B and CN¥6.4B respectively. Bluestar Adisseo's EBIT is CN¥647.3M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥1.1B.
Key information
10.5%
Debt to equity ratio
CN¥1.59b
Debt
Interest coverage ratio | 8.3x |
Cash | CN¥1.14b |
Equity | CN¥15.13b |
Total liabilities | CN¥6.40b |
Total assets | CN¥21.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600299's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 600299's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 600299's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 600299's debt to equity ratio has increased from 0.2% to 10.5% over the past 5 years.
Debt Coverage: 600299's debt is well covered by operating cash flow (180.6%).
Interest Coverage: 600299's interest payments on its debt are well covered by EBIT (8.3x coverage).