Tian Jin Bohai ChemicalLtd Balance Sheet Health
Financial Health criteria checks 3/6
Tian Jin Bohai ChemicalLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are CN¥4.5B and CN¥2.3B respectively.
Key information
53.6%
Debt to equity ratio
CN¥1.19b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.08b |
Equity | CN¥2.22b |
Total liabilities | CN¥2.32b |
Total assets | CN¥4.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600800's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 600800's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥437.2M).
Debt to Equity History and Analysis
Debt Level: 600800's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 600800's debt to equity ratio has increased from 5.2% to 53.6% over the past 5 years.
Debt Coverage: 600800's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600800's interest payments on its debt are well covered by EBIT.