Gansu Energy Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Gansu Energy Chemical has a total shareholder equity of CN¥17.2B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are CN¥31.4B and CN¥14.1B respectively. Gansu Energy Chemical's EBIT is CN¥1.6B making its interest coverage ratio 15.1. It has cash and short-term investments of CN¥8.1B.
Key information
38.5%
Debt to equity ratio
CN¥6.63b
Debt
| Interest coverage ratio | 15.1x |
| Cash | CN¥8.14b |
| Equity | CN¥17.22b |
| Total liabilities | CN¥14.14b |
| Total assets | CN¥31.37b |
Financial Position Analysis
Short Term Liabilities: 000552's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 000552's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 000552 has more cash than its total debt.
Reducing Debt: 000552's debt to equity ratio has increased from 4.1% to 38.5% over the past 5 years.
Debt Coverage: 000552's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 000552's interest payments on its debt are well covered by EBIT (15.1x coverage).