Shanxi Blue Flame Holding Balance Sheet Health
Financial Health criteria checks 3/6
Shanxi Blue Flame Holding has a total shareholder equity of CN¥5.9B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥11.2B and CN¥5.3B respectively. Shanxi Blue Flame Holding's EBIT is CN¥600.5M making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥1.2B.
Key information
64.7%
Debt to equity ratio
CN¥3.82b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥1.22b |
| Equity | CN¥5.90b |
| Total liabilities | CN¥5.28b |
| Total assets | CN¥11.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000968's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000968's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 000968's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: 000968's debt to equity ratio has increased from 51.4% to 64.7% over the past 5 years.
Debt Coverage: 000968's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 000968's interest payments on its debt are well covered by EBIT (5.1x coverage).