Billion Industrial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Billion Industrial Holdings has a total shareholder equity of CN¥10.2B and total debt of CN¥700.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥26.3B and CN¥16.0B respectively. Billion Industrial Holdings's EBIT is CN¥365.0M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥1.9B.
Key information
6.8%
Debt to equity ratio
CN¥700.62m
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥1.85b |
| Equity | CN¥10.23b |
| Total liabilities | CN¥16.04b |
| Total assets | CN¥26.27b |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Billion Industrial Holdings' (HKG:2299) Returns On Capital
Mar 08
A Piece Of The Puzzle Missing From Billion Industrial Holdings Limited's (HKG:2299) Share Price
Dec 20Be Wary Of Billion Industrial Holdings (HKG:2299) And Its Returns On Capital
Jul 26If EPS Growth Is Important To You, Billion Industrial Holdings (HKG:2299) Presents An Opportunity
Nov 08Returns Are Gaining Momentum At Billion Industrial Holdings (HKG:2299)
Sep 05Is Now The Time To Put Billion Industrial Holdings (HKG:2299) On Your Watchlist?
Jun 20Under The Bonnet, Billion Industrial Holdings' (HKG:2299) Returns Look Impressive
May 30We Think Billion Industrial Holdings' (HKG:2299) Robust Earnings Are Conservative
May 02Does Billion Industrial Holdings (HKG:2299) Deserve A Spot On Your Watchlist?
Mar 13Billion Industrial Holdings' (HKG:2299) Returns On Capital Are Heading Higher
Jan 20It's A Story Of Risk Vs Reward With Billion Industrial Holdings Limited (HKG:2299)
Dec 24Financial Position Analysis
Short Term Liabilities: 2299's short term assets (CN¥13.3B) do not cover its short term liabilities (CN¥15.5B).
Long Term Liabilities: 2299's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥487.4M).
Debt to Equity History and Analysis
Debt Level: 2299 has more cash than its total debt.
Reducing Debt: 2299's debt to equity ratio has reduced from 57.4% to 6.8% over the past 5 years.
Debt Coverage: 2299's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2299 earns more interest than it pays, so coverage of interest payments is not a concern.