Ningbo BirdLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo BirdLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.7M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.2B and CN¥106.4M respectively. Ningbo BirdLtd's EBIT is CN¥6.4M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥808.0M.
Key information
0.2%
Debt to equity ratio
CN¥1.69m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥807.99m |
Equity | CN¥1.07b |
Total liabilities | CN¥106.42m |
Total assets | CN¥1.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600130's short term assets (CN¥933.4M) exceed its short term liabilities (CN¥99.5M).
Long Term Liabilities: 600130's short term assets (CN¥933.4M) exceed its long term liabilities (CN¥6.9M).
Debt to Equity History and Analysis
Debt Level: 600130 has more cash than its total debt.
Reducing Debt: 600130's debt to equity ratio has increased from 0.05% to 0.2% over the past 5 years.
Debt Coverage: 600130's debt is well covered by operating cash flow (856.1%).
Interest Coverage: 600130 earns more interest than it pays, so coverage of interest payments is not a concern.