Shenzhen Best of Best HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Best of Best HoldingsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥704.3M, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are CN¥2.7B and CN¥1.1B respectively. Shenzhen Best of Best HoldingsLtd's EBIT is CN¥100.4M making its interest coverage ratio 3. It has cash and short-term investments of CN¥794.4M.
Key information
45.7%
Debt to equity ratio
CN¥704.29m
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥794.40m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥2.66b |
Recent financial health updates
No updates
Recent updates
Investors Can Find Comfort In Shenzhen Best of Best HoldingsLtd's (SZSE:001298) Earnings Quality
May 08
Shenzhen Best of Best Holdings Co.,Ltd. (SZSE:001298) Not Doing Enough For Some Investors As Its Shares Slump 25%
Apr 22Returns On Capital At Shenzhen Best of Best HoldingsLtd (SZSE:001298) Paint A Concerning Picture
Apr 17Shenzhen Best of Best Holdings Co.,Ltd.'s (SZSE:001298) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Mar 05Financial Position Analysis
Short Term Liabilities: 001298's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 001298's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 001298 has more cash than its total debt.
Reducing Debt: 001298's debt to equity ratio has reduced from 653.8% to 45.7% over the past 5 years.
Debt Coverage: 001298's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001298's interest payments on its debt are not well covered by EBIT (3x coverage).