Shanxi Guoxin Energy Balance Sheet Health
Financial Health criteria checks 1/6
Shanxi Guoxin Energy has a total shareholder equity of CN¥3.9B and total debt of CN¥18.9B, which brings its debt-to-equity ratio to 486.7%. Its total assets and total liabilities are CN¥27.2B and CN¥23.3B respectively. Shanxi Guoxin Energy's EBIT is CN¥500.1M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥2.7B.
Key information
486.7%
Debt to equity ratio
CN¥18.95b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥2.65b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥23.30b |
| Total assets | CN¥27.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900913's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥7.6B).
Long Term Liabilities: 900913's short term assets (CN¥5.5B) do not cover its long term liabilities (CN¥15.7B).
Debt to Equity History and Analysis
Debt Level: 900913's net debt to equity ratio (418.5%) is considered high.
Reducing Debt: 900913's debt to equity ratio has reduced from 497.4% to 486.7% over the past 5 years.
Debt Coverage: 900913's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 900913's interest payments on its debt are not well covered by EBIT (0.7x coverage).