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¥12.3B and total debt of CN¥7.4B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are CN¥21.1B and CN¥8.7B respectively. Guangdong Baolihua New Energy Stock's EBIT is CN¥1.3B making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥5.6B.
Key information
60.2%
Debt to equity ratio
CN¥7.44b
Debt
Interest coverage ratio | -14.8x |
Cash | CN¥5.62b |
Equity | CN¥12.34b |
Total liabilities | CN¥8.73b |
Total assets | CN¥21.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000690's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 000690's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥5.3B).
Debt to Equity History and Analysis
Debt Level: 000690's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 000690's debt to equity ratio has reduced from 119.9% to 60.2% over the past 5 years.
Debt Coverage: 000690's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 000690 earns more interest than it pays, so coverage of interest payments is not a concern.