Grand Baoxin Auto Group Balance Sheet Health
Financial Health criteria checks 3/6
Grand Baoxin Auto Group has a total shareholder equity of CN¥7.6B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are CN¥21.1B and CN¥13.5B respectively. Grand Baoxin Auto Group's EBIT is CN¥408.6M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥352.7M.
Key information
95.0%
Debt to equity ratio
CN¥7.26b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥352.67m |
| Equity | CN¥7.65b |
| Total liabilities | CN¥13.46b |
| Total assets | CN¥21.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBXX.Y's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: GBXX.Y's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: GBXX.Y's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: GBXX.Y's debt to equity ratio has reduced from 144.4% to 95% over the past 5 years.
Debt Coverage: GBXX.Y's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: GBXX.Y's interest payments on its debt are not well covered by EBIT (0.8x coverage).