BYD Electronic (International) Balance Sheet Health
Financial Health criteria checks 4/6
BYD Electronic (International) has a total shareholder equity of CN¥29.3B and total debt of CN¥14.6B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are CN¥87.2B and CN¥57.9B respectively. BYD Electronic (International)'s EBIT is CN¥3.7B making its interest coverage ratio -70.9. It has cash and short-term investments of CN¥12.6B.
Key information
49.8%
Debt to equity ratio
CN¥14.61b
Debt
Interest coverage ratio | -70.9x |
Cash | CN¥12.59b |
Equity | CN¥29.33b |
Total liabilities | CN¥57.89b |
Total assets | CN¥87.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4BY's short term assets (CN¥54.6B) do not cover its short term liabilities (CN¥54.8B).
Long Term Liabilities: 4BY's short term assets (CN¥54.6B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 4BY's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 4BY's debt to equity ratio has increased from 0% to 49.8% over the past 5 years.
Debt Coverage: 4BY's debt is well covered by operating cash flow (70.1%).
Interest Coverage: 4BY earns more interest than it pays, so coverage of interest payments is not a concern.