Guizhou Gas Group Balance Sheet Health
Financial Health criteria checks 0/6
Guizhou Gas Group has a total shareholder equity of CN¥4.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are CN¥11.1B and CN¥6.9B respectively. Guizhou Gas Group's EBIT is CN¥383.5M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥896.8M.
Key information
130.7%
Debt to equity ratio
CN¥5.43b
Debt
Interest coverage ratio | 2.4x |
Cash | CN¥896.82m |
Equity | CN¥4.16b |
Total liabilities | CN¥6.91b |
Total assets | CN¥11.07b |
Financial Position Analysis
Short Term Liabilities: 600903's short term assets (CN¥2.7B) do not cover its short term liabilities (CN¥3.6B).
Long Term Liabilities: 600903's short term assets (CN¥2.7B) do not cover its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 600903's net debt to equity ratio (109.1%) is considered high.
Reducing Debt: 600903's debt to equity ratio has increased from 118.8% to 130.7% over the past 5 years.
Debt Coverage: 600903's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 600903's interest payments on its debt are not well covered by EBIT (2.4x coverage).