Shanxi Blue Flame Holding Balance Sheet Health
Financial Health criteria checks 3/6
Shanxi Blue Flame Holding has a total shareholder equity of CN¥5.8B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are CN¥10.9B and CN¥5.1B respectively. Shanxi Blue Flame Holding's EBIT is CN¥582.9M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥1.2B.
Key information
60.5%
Debt to equity ratio
CN¥3.52b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥1.18b |
| Equity | CN¥5.82b |
| Total liabilities | CN¥5.06b |
| Total assets | CN¥10.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000968's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000968's short term assets (CN¥2.9B) do not cover its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 000968's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 000968's debt to equity ratio has increased from 48.2% to 60.5% over the past 5 years.
Debt Coverage: 000968's debt is well covered by operating cash flow (45.2%).
Interest Coverage: 000968's interest payments on its debt are well covered by EBIT (5.2x coverage).