Sino Prima Gas Technology Balance Sheet Health
Financial Health criteria checks 2/6
Sino Prima Gas Technology has a total shareholder equity of CN¥4.3B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are CN¥9.0B and CN¥4.7B respectively.
Key information
67.1%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.44b |
| Equity | CN¥4.27b |
| Total liabilities | CN¥4.68b |
| Total assets | CN¥8.95b |
Financial Position Analysis
Short Term Liabilities: 300483's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300483's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 300483's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 300483's debt to equity ratio has increased from 27% to 67.1% over the past 5 years.
Debt Coverage: 300483's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: Insufficient data to determine if 300483's interest payments on its debt are well covered by EBIT.