Guizhou Zhenhua E-chem Balance Sheet Health
Financial Health criteria checks 5/6
Guizhou Zhenhua E-chem has a total shareholder equity of CN¥4.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are CN¥9.5B and CN¥4.7B respectively.
Key information
44.4%
Debt to equity ratio
CN¥2.15b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.50b |
Equity | CN¥4.84b |
Total liabilities | CN¥4.71b |
Total assets | CN¥9.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688707's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 688707's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 688707 has more cash than its total debt.
Reducing Debt: 688707's debt to equity ratio has reduced from 133.8% to 44.4% over the past 5 years.
Debt Coverage: 688707's debt is well covered by operating cash flow (50.3%).
Interest Coverage: Insufficient data to determine if 688707's interest payments on its debt are well covered by EBIT.