BAIC Motor Balance Sheet Health
Financial Health criteria checks 6/6
BAIC Motor has a total shareholder equity of CN¥79.4B and total debt of CN¥13.3B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥168.7B and CN¥89.3B respectively. BAIC Motor's EBIT is CN¥22.9B making its interest coverage ratio -116.5. It has cash and short-term investments of CN¥31.1B.
Key information
16.7%
Debt to equity ratio
CN¥13.27b
Debt
Interest coverage ratio | -116.5x |
Cash | CN¥31.12b |
Equity | CN¥79.38b |
Total liabilities | CN¥89.34b |
Total assets | CN¥168.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1958's short term assets (CN¥80.9B) exceed its short term liabilities (CN¥76.5B).
Long Term Liabilities: 1958's short term assets (CN¥80.9B) exceed its long term liabilities (CN¥12.9B).
Debt to Equity History and Analysis
Debt Level: 1958 has more cash than its total debt.
Reducing Debt: 1958's debt to equity ratio has reduced from 34.5% to 16.7% over the past 5 years.
Debt Coverage: 1958's debt is well covered by operating cash flow (182.4%).
Interest Coverage: 1958 earns more interest than it pays, so coverage of interest payments is not a concern.