Beijing North Star Balance Sheet Health
Financial Health criteria checks 3/6
Beijing North Star has a total shareholder equity of CN¥15.3B and total debt of CN¥28.5B, which brings its debt-to-equity ratio to 186.5%. Its total assets and total liabilities are CN¥54.3B and CN¥39.1B respectively. Beijing North Star's EBIT is CN¥1.2B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥8.1B.
Key information
186.5%
Debt to equity ratio
CN¥28.48b
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥8.08b |
Equity | CN¥15.27b |
Total liabilities | CN¥39.05b |
Total assets | CN¥54.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 588's short term assets (CN¥41.9B) exceed its short term liabilities (CN¥18.6B).
Long Term Liabilities: 588's short term assets (CN¥41.9B) exceed its long term liabilities (CN¥20.5B).
Debt to Equity History and Analysis
Debt Level: 588's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: 588's debt to equity ratio has reduced from 199.6% to 186.5% over the past 5 years.
Debt Coverage: 588's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 588's interest payments on its debt are not well covered by EBIT (1.5x coverage).