Liaoning HeZhan Energy Group Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning HeZhan Energy Group has a total shareholder equity of CN¥3.3B and total debt of CN¥669.9M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥4.5B and CN¥1.1B respectively.
Key information
20.1%
Debt to equity ratio
CN¥669.95m
Debt
Interest coverage ratio | n/a |
Cash | CN¥171.57m |
Equity | CN¥3.33b |
Total liabilities | CN¥1.14b |
Total assets | CN¥4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000809's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥828.2M).
Long Term Liabilities: 000809's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥316.5M).
Debt to Equity History and Analysis
Debt Level: 000809's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 000809's debt to equity ratio has reduced from 71.7% to 20.1% 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.