Geo-Jade Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Geo-Jade Petroleum has a total shareholder equity of CN¥8.4B and total debt of CN¥636.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥12.2B and CN¥3.8B respectively. Geo-Jade Petroleum's EBIT is CN¥685.3M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥814.0M.
Key information
7.6%
Debt to equity ratio
CN¥636.05m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥813.99m |
| Equity | CN¥8.38b |
| Total liabilities | CN¥3.84b |
| Total assets | CN¥12.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600759's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600759's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 600759 has more cash than its total debt.
Reducing Debt: 600759's debt to equity ratio has reduced from 89.2% to 7.6% over the past 5 years.
Debt Coverage: 600759's debt is well covered by operating cash flow (78.3%).
Interest Coverage: 600759 earns more interest than it pays, so coverage of interest payments is not a concern.