Guangdong Baolihua New Energy Stock Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Baolihua New Energy Stock has a total shareholder equity of CN¥12.1B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are CN¥20.8B and CN¥8.7B respectively. Guangdong Baolihua New Energy Stock's EBIT is CN¥1.1B making its interest coverage ratio -17.8. It has cash and short-term investments of CN¥5.4B.
Key information
60.1%
Debt to equity ratio
CN¥7.28b
Debt
| Interest coverage ratio | -17.8x |
| Cash | CN¥5.42b |
| Equity | CN¥12.13b |
| Total liabilities | CN¥8.68b |
| Total assets | CN¥20.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000690's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 000690's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 000690's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 000690's debt to equity ratio has reduced from 123.7% to 60.1% over the past 5 years.
Debt Coverage: 000690's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 000690 earns more interest than it pays, so coverage of interest payments is not a concern.