Shanxi Huaxiang Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanxi Huaxiang Group has a total shareholder equity of CN¥3.0B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are CN¥5.4B and CN¥2.4B respectively. Shanxi Huaxiang Group's EBIT is CN¥451.0M making its interest coverage ratio 13.1. It has cash and short-term investments of CN¥1.5B.
Key information
48.7%
Debt to equity ratio
CN¥1.44b
Debt
Interest coverage ratio | 13.1x |
Cash | CN¥1.48b |
Equity | CN¥2.95b |
Total liabilities | CN¥2.42b |
Total assets | CN¥5.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603112's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥830.2M).
Long Term Liabilities: 603112's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603112 has more cash than its total debt.
Reducing Debt: 603112's debt to equity ratio has increased from 20% to 48.7% over the past 5 years.
Debt Coverage: 603112's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 603112's interest payments on its debt are well covered by EBIT (13.1x coverage).