Beijing Capital Development Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Capital Development has a total shareholder equity of CN¥60.1B and total debt of CN¥117.6B, which brings its debt-to-equity ratio to 195.8%. Its total assets and total liabilities are CN¥248.0B and CN¥187.9B respectively. Beijing Capital Development's EBIT is CN¥1.8B making its interest coverage ratio -9.5. It has cash and short-term investments of CN¥19.1B.
Key information
195.8%
Debt to equity ratio
CN¥117.62b
Debt
Interest coverage ratio | -9.5x |
Cash | CN¥19.06b |
Equity | CN¥60.06b |
Total liabilities | CN¥187.95b |
Total assets | CN¥248.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600376's short term assets (CN¥196.6B) exceed its short term liabilities (CN¥80.3B).
Long Term Liabilities: 600376's short term assets (CN¥196.6B) exceed its long term liabilities (CN¥107.7B).
Debt to Equity History and Analysis
Debt Level: 600376's net debt to equity ratio (164.1%) is considered high.
Reducing Debt: 600376's debt to equity ratio has reduced from 226.1% to 195.8% over the past 5 years.
Debt Coverage: 600376's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: 600376 earns more interest than it pays, so coverage of interest payments is not a concern.