Baoye Group Balance Sheet Health
Financial Health criteria checks 6/6
Baoye Group has a total shareholder equity of CN¥13.0B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CN¥48.5B and CN¥35.5B respectively. Baoye Group's EBIT is CN¥1.0B making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥9.8B.
Key information
27.3%
Debt to equity ratio
CN¥3.54b
Debt
Interest coverage ratio | -3.9x |
Cash | CN¥9.77b |
Equity | CN¥13.00b |
Total liabilities | CN¥35.51b |
Total assets | CN¥48.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKG's short term assets (CN¥41.0B) exceed its short term liabilities (CN¥34.2B).
Long Term Liabilities: BKG's short term assets (CN¥41.0B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: BKG has more cash than its total debt.
Reducing Debt: BKG's debt to equity ratio has reduced from 37.3% to 27.3% over the past 5 years.
Debt Coverage: BKG's debt is well covered by operating cash flow (40.4%).
Interest Coverage: BKG earns more interest than it pays, so coverage of interest payments is not a concern.