Beijing Capital Development Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Capital Development has a total shareholder equity of CN¥59.9B and total debt of CN¥117.8B, which brings its debt-to-equity ratio to 196.8%. Its total assets and total liabilities are CN¥253.2B and CN¥193.4B respectively. Beijing Capital Development's EBIT is CN¥1.8B making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥22.9B.
Key information
196.8%
Debt to equity ratio
CN¥117.80b
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥22.95b |
Equity | CN¥59.86b |
Total liabilities | CN¥193.37b |
Total assets | CN¥253.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600376's short term assets (CN¥205.1B) exceed its short term liabilities (CN¥86.3B).
Long Term Liabilities: 600376's short term assets (CN¥205.1B) exceed its long term liabilities (CN¥107.0B).
Debt to Equity History and Analysis
Debt Level: 600376's net debt to equity ratio (158.5%) is considered high.
Reducing Debt: 600376's debt to equity ratio has reduced from 226.3% to 196.8% over the past 5 years.
Debt Coverage: 600376's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 600376's interest payments on its debt are not well covered by EBIT (0.9x coverage).