Baida GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Baida GroupLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.5B and CN¥195.4M respectively. Baida GroupLtd's EBIT is CN¥86.1M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥1.21b |
| Equity | CN¥2.26b |
| Total liabilities | CN¥195.38m |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600865's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥165.9M).
Long Term Liabilities: 600865's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥29.4M).
Debt to Equity History and Analysis
Debt Level: 600865 is debt free.
Reducing Debt: 600865 had no debt 5 years ago.
Debt Coverage: 600865 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600865 has no debt, therefore coverage of interest payments is not a concern.