Guangxi Huaxi Nonferrous MetalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Huaxi Nonferrous MetalLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥7.5B and CN¥2.7B respectively. Guangxi Huaxi Nonferrous MetalLtd's EBIT is CN¥1.2B making its interest coverage ratio 26.3. It has cash and short-term investments of CN¥1.2B.
Key information
28.3%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | 26.3x |
| Cash | CN¥1.16b |
| Equity | CN¥4.77b |
| Total liabilities | CN¥2.71b |
| Total assets | CN¥7.49b |
Recent financial health updates
Is Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) A Risky Investment?
Sep 02
Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) Could Easily Take On More Debt
May 28Recent updates
We Think Guangxi Huaxi Nonferrous MetalLtd's (SHSE:600301) Profit Is Only A Baseline For What They Can Achieve
Nov 06Is Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) A Risky Investment?
Sep 02Market Participants Recognise Guangxi Huaxi Nonferrous Metal Co.,Ltd's (SHSE:600301) Earnings
Jun 28Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) Could Easily Take On More Debt
May 28Solid Earnings Reflect Guangxi Huaxi Nonferrous MetalLtd's (SHSE:600301) Strength As A Business
May 01Market Participants Recognise Guangxi Huaxi Nonferrous Metal Co.,Ltd's (SHSE:600301) Revenues Pushing Shares 28% Higher
Mar 15Financial Position Analysis
Short Term Liabilities: 600301's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600301's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥920.6M).
Debt to Equity History and Analysis
Debt Level: 600301's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 600301's debt to equity ratio has increased from 0% to 28.3% over the past 5 years.
Debt Coverage: 600301's debt is well covered by operating cash flow (99.4%).
Interest Coverage: 600301's interest payments on its debt are well covered by EBIT (26.3x coverage).