Xinxiang Tianli Energy Balance Sheet Health
Financial Health criteria checks 3/6
Xinxiang Tianli Energy has a total shareholder equity of CN¥1.9B and total debt of CN¥702.4M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively.
Key information
36.7%
Debt to equity ratio
CN¥702.45m
Debt
Interest coverage ratio | n/a |
Cash | CN¥179.83m |
Equity | CN¥1.91b |
Total liabilities | CN¥1.36b |
Total assets | CN¥3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301152's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301152's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥255.2M).
Debt to Equity History and Analysis
Debt Level: 301152's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 301152's debt to equity ratio has increased from 36.5% to 36.7% over the past 5 years.
Debt Coverage: 301152's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301152's interest payments on its debt are well covered by EBIT.