Bohai Water IndustryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Bohai Water IndustryLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are CN¥7.8B and CN¥5.2B respectively. Bohai Water IndustryLtd's EBIT is CN¥132.7M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥344.5M.
Key information
99.4%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥344.47m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥5.22b |
| Total assets | CN¥7.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000605's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000605's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 000605's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: 000605's debt to equity ratio has increased from 65.7% to 99.4% over the past 5 years.
Debt Coverage: 000605's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 000605's interest payments on its debt are well covered by EBIT (3.2x coverage).