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¥6.1B, which brings its debt-to-equity ratio to 35.7%. 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 35.8. It has cash and short-term investments of CN¥8.1B.
Key information
35.7%
Debt to equity ratio
CN¥6.15b
Debt
Interest coverage ratio | 35.8x |
Cash | CN¥8.14b |
Equity | CN¥17.22b |
Total liabilities | CN¥14.14b |
Total assets | CN¥31.37b |
Recent financial health updates
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 35.7% over the past 5 years.
Debt Coverage: 000552's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 000552's interest payments on its debt are well covered by EBIT (35.8x coverage).