Guizhou Panjiang Refined CoalLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guizhou Panjiang Refined CoalLtd has a total shareholder equity of CN¥12.7B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are CN¥37.1B and CN¥24.5B respectively. Guizhou Panjiang Refined CoalLtd's EBIT is CN¥668.6M making its interest coverage ratio -385.8. It has cash and short-term investments of CN¥2.3B.
Key information
92.2%
Debt to equity ratio
CN¥11.67b
Debt
Interest coverage ratio | -385.8x |
Cash | CN¥2.35b |
Equity | CN¥12.66b |
Total liabilities | CN¥24.48b |
Total assets | CN¥37.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600395's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥9.9B).
Long Term Liabilities: 600395's short term assets (CN¥5.9B) do not cover its long term liabilities (CN¥14.6B).
Debt to Equity History and Analysis
Debt Level: 600395's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: 600395's debt to equity ratio has increased from 21.5% to 92.2% over the past 5 years.
Debt Coverage: 600395's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 600395 earns more interest than it pays, so coverage of interest payments is not a concern.