Beijing North Star Balance Sheet Health
Financial Health criteria checks 3/6
Beijing North Star has a total shareholder equity of CN¥15.5B and total debt of CN¥29.0B, which brings its debt-to-equity ratio to 186.9%. Its total assets and total liabilities are CN¥56.2B and CN¥40.7B respectively. Beijing North Star's EBIT is CN¥1.4B making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥9.4B.
Key information
186.9%
Debt to equity ratio
CN¥29.03b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥9.44b |
| Equity | CN¥15.53b |
| Total liabilities | CN¥40.70b |
| Total assets | CN¥56.23b |
Recent financial health updates
These 4 Measures Indicate That Beijing North Star (HKG:588) Is Using Debt Extensively
Jan 23
Beijing North Star (HKG:588) Has Debt But No Earnings; Should You Worry?
Aug 01We Think Beijing North Star (HKG:588) Is Taking Some Risk With Its Debt
Mar 16We Think Beijing North Star (HKG:588) Is Taking Some Risk With Its Debt
Oct 31Here's Why Beijing North Star (HKG:588) Is Weighed Down By Its Debt Load
May 30Is Beijing North Star (HKG:588) Using Too Much Debt?
Feb 15Recent updates
These 4 Measures Indicate That Beijing North Star (HKG:588) Is Using Debt Extensively
Jan 23Beijing North Star (HKG:588) Has Debt But No Earnings; Should You Worry?
Aug 01We Think Beijing North Star (HKG:588) Is Taking Some Risk With Its Debt
Mar 16Beijing North Star's (HKG:588) Soft Earnings Don't Show The Whole Picture
Nov 04We Think Beijing North Star (HKG:588) Is Taking Some Risk With Its Debt
Oct 31Here's Why Beijing North Star (HKG:588) Is Weighed Down By Its Debt Load
May 30Is Beijing North Star Company Limited (HKG:588) A Strong Dividend Stock?
Apr 11Are Institutions Heavily Invested In Beijing North Star Company Limited's (HKG:588) Shares?
Mar 15Is Beijing North Star (HKG:588) Using Too Much Debt?
Feb 15Reflecting on Beijing North Star's (HKG:588) Share Price Returns Over The Last Three Years
Jan 18
What Type Of Shareholders Own The Most Number of Beijing North Star Company Limited (HKG:588) Shares?
Dec 14Beijing North Star (HKG:588) Seems To Be Using A Lot Of Debt
Nov 17Financial Position Analysis
Short Term Liabilities: 588's short term assets (CN¥43.7B) exceed its short term liabilities (CN¥20.1B).
Long Term Liabilities: 588's short term assets (CN¥43.7B) exceed its long term liabilities (CN¥20.6B).
Debt to Equity History and Analysis
Debt Level: 588's net debt to equity ratio (126.2%) is considered high.
Reducing Debt: 588's debt to equity ratio has reduced from 202.8% to 186.9% over the past 5 years.
Debt Coverage: 588's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 588's interest payments on its debt are not well covered by EBIT (1.8x coverage).