Guanghui Energy Balance Sheet Health
Financial Health criteria checks 4/6
Guanghui Energy has a total shareholder equity of CN¥29.2B and total debt of CN¥21.1B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are CN¥60.7B and CN¥31.5B respectively. Guanghui Energy's EBIT is CN¥5.4B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥6.3B.
Key information
72.5%
Debt to equity ratio
CN¥21.15b
Debt
Interest coverage ratio | 5.7x |
Cash | CN¥6.29b |
Equity | CN¥29.15b |
Total liabilities | CN¥31.50b |
Total assets | CN¥60.65b |
Recent financial health updates
Recent updates
Guanghui Energy (SHSE:600256) Takes On Some Risk With Its Use Of Debt
Jun 25Not Many Are Piling Into Guanghui Energy Co., Ltd. (SHSE:600256) Just Yet
Jun 08Guanghui Energy's (SHSE:600256) Conservative Accounting Might Explain Soft Earnings
May 02Guanghui Energy Co., Ltd. (SHSE:600256) Analysts Are Reducing Their Forecasts For This Year
Apr 24Guanghui Energy Co., Ltd.'s (SHSE:600256) Earnings Are Not Doing Enough For Some Investors
Feb 29Financial Position Analysis
Short Term Liabilities: 600256's short term assets (CN¥14.9B) do not cover its short term liabilities (CN¥22.2B).
Long Term Liabilities: 600256's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥9.3B).
Debt to Equity History and Analysis
Debt Level: 600256's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: 600256's debt to equity ratio has reduced from 136.5% to 72.5% over the past 5 years.
Debt Coverage: 600256's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 600256's interest payments on its debt are well covered by EBIT (5.7x coverage).