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¥7.5B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are CN¥21.5B and CN¥9.5B respectively. Guangdong Baolihua New Energy Stock's EBIT is CN¥1.1B making its interest coverage ratio -12.2. It has cash and short-term investments of CN¥4.8B.
Key information
62.4%
Debt to equity ratio
CN¥7.53b
Debt
| Interest coverage ratio | -12.2x |
| Cash | CN¥4.84b |
| Equity | CN¥12.08b |
| Total liabilities | CN¥9.47b |
| Total assets | CN¥21.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000690's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 000690's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 000690's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 000690's debt to equity ratio has reduced from 115% to 62.4% over the past 5 years.
Debt Coverage: 000690's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 000690 earns more interest than it pays, so coverage of interest payments is not a concern.