Shandong Xiantan Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Xiantan has a total shareholder equity of CN¥4.7B and total debt of CN¥956.2M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are CN¥6.8B and CN¥2.1B respectively. Shandong Xiantan's EBIT is CN¥32.3M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥3.5B.
Key information
20.3%
Debt to equity ratio
CN¥956.16m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥3.46b |
Equity | CN¥4.72b |
Total liabilities | CN¥2.06b |
Total assets | CN¥6.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002746's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002746's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥181.9M).
Debt to Equity History and Analysis
Debt Level: 002746 has more cash than its total debt.
Reducing Debt: 002746's debt to equity ratio has increased from 6.1% to 20.3% over the past 5 years.
Debt Coverage: 002746's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 002746 earns more interest than it pays, so coverage of interest payments is not a concern.