Boer Power Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Boer Power Holdings has a total shareholder equity of CN¥301.3M and total debt of CN¥356.9M, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are CN¥1.5B and CN¥1.2B respectively. Boer Power Holdings's EBIT is CN¥46.1M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥51.3M.
Key information
118.5%
Debt to equity ratio
CN¥356.93m
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥51.32m |
Equity | CN¥301.26m |
Total liabilities | CN¥1.19b |
Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOE's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: BOE's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥164.5M).
Debt to Equity History and Analysis
Debt Level: BOE's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: BOE's debt to equity ratio has reduced from 570.7% to 118.5% over the past 5 years.
Debt Coverage: BOE's debt is well covered by operating cash flow (64%).
Interest Coverage: BOE's interest payments on its debt are well covered by EBIT (3.4x coverage).