Liaoning HeZhan Energy Group Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning HeZhan Energy Group has a total shareholder equity of CN¥4.1B and total debt of CN¥368.9M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥5.1B and CN¥980.6M respectively.
Key information
9.1%
Debt to equity ratio
CN¥368.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥511.52m |
| Equity | CN¥4.07b |
| Total liabilities | CN¥980.60m |
| Total assets | CN¥5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000809's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥633.0M).
Long Term Liabilities: 000809's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥347.6M).
Debt to Equity History and Analysis
Debt Level: 000809 has more cash than its total debt.
Reducing Debt: 000809's debt to equity ratio has reduced from 70.5% to 9.1% over the past 5 years.
Debt Coverage: 000809's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000809's interest payments on its debt are well covered by EBIT.