SINOPEC Shandong Taishan Pectroleum Balance Sheet Health
Financial Health criteria checks 6/6
SINOPEC Shandong Taishan Pectroleum has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥877.5M respectively. SINOPEC Shandong Taishan Pectroleum's EBIT is CN¥118.8M making its interest coverage ratio 17.7. It has cash and short-term investments of CN¥422.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 17.7x |
| Cash | CN¥422.95m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥877.53m |
| Total assets | CN¥1.88b |
Recent financial health updates
No updates
Recent updates
Solid Earnings Reflect SINOPEC Shandong Taishan Pectroleum's (SZSE:000554) Strength As A Business
Nov 06
SINOPEC Shandong Taishan Pectroleum Co., Ltd.'s (SZSE:000554) Price In Tune With Earnings
Oct 01Shareholders Can Be Confident That SINOPEC Shandong Taishan Pectroleum's (SZSE:000554) Earnings Are High Quality
Apr 25Financial Position Analysis
Short Term Liabilities: 000554's short term assets (CN¥918.9M) exceed its short term liabilities (CN¥755.6M).
Long Term Liabilities: 000554's short term assets (CN¥918.9M) exceed its long term liabilities (CN¥122.0M).
Debt to Equity History and Analysis
Debt Level: 000554 is debt free.
Reducing Debt: 000554 had no debt 5 years ago.
Debt Coverage: 000554 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000554 has no debt, therefore coverage of interest payments is not a concern.