Baoye Group Balance Sheet Health
Financial Health criteria checks 6/6
Baoye Group has a total shareholder equity of CN¥13.3B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥46.6B and CN¥33.3B respectively. Baoye Group's EBIT is CN¥1.2B making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥9.3B.
Key information
29.3%
Debt to equity ratio
CN¥3.91b
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥9.32b |
| Equity | CN¥13.33b |
| Total liabilities | CN¥33.32b |
| Total assets | CN¥46.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKG's short term assets (CN¥39.3B) exceed its short term liabilities (CN¥32.0B).
Long Term Liabilities: BKG's short term assets (CN¥39.3B) 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 48.3% to 29.3% over the past 5 years.
Debt Coverage: BKG's debt is well covered by operating cash flow (28.7%).
Interest Coverage: BKG earns more interest than it pays, so coverage of interest payments is not a concern.