Bosera China Merchants Shekou Industrial Zone Balance Sheet Health
Financial Health criteria checks 5/6
Bosera China Merchants Shekou Industrial Zone has a total shareholder equity of CN¥3.2B and total debt of CN¥297.3M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥3.8B and CN¥553.1M respectively. Bosera China Merchants Shekou Industrial Zone's EBIT is CN¥64.7M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥141.8M.
Key information
9.2%
Debt to equity ratio
CN¥297.29m
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥141.79m |
| Equity | CN¥3.24b |
| Total liabilities | CN¥553.10m |
| Total assets | CN¥3.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 180101's short term assets (CN¥196.7M) exceed its short term liabilities (CN¥14.8M).
Long Term Liabilities: 180101's short term assets (CN¥196.7M) do not cover its long term liabilities (CN¥538.3M).
Debt to Equity History and Analysis
Debt Level: 180101's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 180101's debt to equity ratio has reduced from 60.9% to 9.2% over the past 5 years.
Debt Coverage: 180101's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 180101's interest payments on its debt are well covered by EBIT (6.4x coverage).