Shandong Sunway Chemical Group Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Sunway Chemical Group has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥558.8M respectively. Shandong Sunway Chemical Group's EBIT is CN¥317.0M making its interest coverage ratio -9.2. It has cash and short-term investments of CN¥875.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -9.2x |
Cash | CN¥875.76m |
Equity | CN¥2.92b |
Total liabilities | CN¥558.75m |
Total assets | CN¥3.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002469's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥463.7M).
Long Term Liabilities: 002469's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥95.1M).
Debt to Equity History and Analysis
Debt Level: 002469 is debt free.
Reducing Debt: 002469 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 002469 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002469 has no debt, therefore coverage of interest payments is not a concern.