BAIC Motor Balance Sheet Health
Financial Health criteria checks 6/6
BAIC Motor has a total shareholder equity of CN¥84.0B and total debt of CN¥10.4B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥173.7B and CN¥89.6B respectively. BAIC Motor's EBIT is CN¥22.5B making its interest coverage ratio -931.3. It has cash and short-term investments of CN¥35.2B.
Key information
12.4%
Debt to equity ratio
CN¥10.43b
Debt
Interest coverage ratio | -931.3x |
Cash | CN¥35.23b |
Equity | CN¥84.02b |
Total liabilities | CN¥89.63b |
Total assets | CN¥173.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCCM.Y's short term assets (CN¥85.2B) exceed its short term liabilities (CN¥76.6B).
Long Term Liabilities: BCCM.Y's short term assets (CN¥85.2B) exceed its long term liabilities (CN¥13.0B).
Debt to Equity History and Analysis
Debt Level: BCCM.Y has more cash than its total debt.
Reducing Debt: BCCM.Y's debt to equity ratio has reduced from 29.1% to 12.4% over the past 5 years.
Debt Coverage: BCCM.Y's debt is well covered by operating cash flow (213.9%).
Interest Coverage: BCCM.Y earns more interest than it pays, so coverage of interest payments is not a concern.