Sino Prima Gas Technology Balance Sheet Health
Financial Health criteria checks 2/6
Sino Prima Gas Technology has a total shareholder equity of CN¥4.2B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are CN¥7.9B and CN¥3.7B respectively.
Key information
57.7%
Debt to equity ratio
CN¥2.45b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.60b |
Equity | CN¥4.24b |
Total liabilities | CN¥3.66b |
Total assets | CN¥7.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300483's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300483's short term assets (CN¥1.9B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 300483's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 300483's debt to equity ratio has increased from 22.6% to 57.7% over the past 5 years.
Debt Coverage: 300483's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: Insufficient data to determine if 300483's interest payments on its debt are well covered by EBIT.