Shanxi Guoxin Energy Balance Sheet Health
Financial Health criteria checks 0/6
Shanxi Guoxin Energy has a total shareholder equity of CN¥4.2B and total debt of CN¥20.2B, which brings its debt-to-equity ratio to 478.2%. Its total assets and total liabilities are CN¥29.1B and CN¥24.9B respectively. Shanxi Guoxin Energy's EBIT is CN¥1.1B making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥3.6B.
Key information
478.2%
Debt to equity ratio
CN¥20.19b
Debt
Interest coverage ratio | 1.3x |
Cash | CN¥3.59b |
Equity | CN¥4.22b |
Total liabilities | CN¥24.88b |
Total assets | CN¥29.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600617's short term assets (CN¥6.9B) do not cover its short term liabilities (CN¥11.0B).
Long Term Liabilities: 600617's short term assets (CN¥6.9B) do not cover its long term liabilities (CN¥13.8B).
Debt to Equity History and Analysis
Debt Level: 600617's net debt to equity ratio (393.1%) is considered high.
Reducing Debt: 600617's debt to equity ratio has increased from 462.8% to 478.2% over the past 5 years.
Debt Coverage: 600617's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 600617's interest payments on its debt are not well covered by EBIT (1.3x coverage).