Guizhou Zhenhua E-chem Balance Sheet Health
Financial Health criteria checks 4/6
Guizhou Zhenhua E-chem has a total shareholder equity of CN¥4.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥8.0B and CN¥3.3B respectively.
Key information
46.6%
Debt to equity ratio
CN¥2.15b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.04b |
| Equity | CN¥4.61b |
| Total liabilities | CN¥3.34b |
| Total assets | CN¥7.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688707's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 688707's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥570.2M).
Debt to Equity History and Analysis
Debt Level: 688707's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 688707's debt to equity ratio has reduced from 96% to 46.6% over the past 5 years.
Debt Coverage: 688707's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688707's interest payments on its debt are well covered by EBIT.