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China Petroleum & Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Key information
24.9%
Debt to equity ratio
CN¥229.95b
Debt
Interest coverage ratio | 41.6x |
Cash | CN¥217.74b |
Equity | CN¥924.61b |
Total liabilities | CN¥1.13t |
Total assets | CN¥2.05t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNP's short term assets (CN¥677.4B) do not cover its short term liabilities (CN¥784.9B).
Long Term Liabilities: SNP's short term assets (CN¥677.4B) exceed its long term liabilities (CN¥341.0B).
Debt to Equity History and Analysis
Debt Level: SNP's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: SNP's debt to equity ratio has increased from 21.8% to 24.9% over the past 5 years.
Debt Coverage: SNP's debt is well covered by operating cash flow (72.9%).
Interest Coverage: SNP's interest payments on its debt are well covered by EBIT (41.6x coverage).