China Oil HBP Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
China Oil HBP Science & Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are CN¥5.3B and CN¥2.6B respectively. China Oil HBP Science & Technology's EBIT is CN¥76.2M making its interest coverage ratio 27.6. It has cash and short-term investments of CN¥1.1B.
Key information
64.2%
Debt to equity ratio
CN¥1.68b
Debt
Interest coverage ratio | 27.6x |
Cash | CN¥1.05b |
Equity | CN¥2.61b |
Total liabilities | CN¥2.64b |
Total assets | CN¥5.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002554's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002554's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥897.2M).
Debt to Equity History and Analysis
Debt Level: 002554's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 002554's debt to equity ratio has reduced from 72.3% to 64.2% over the past 5 years.
Debt Coverage: 002554's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002554's interest payments on its debt are well covered by EBIT (27.6x coverage).