Guangxi Huaxi Nonferrous MetalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Huaxi Nonferrous MetalLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥6.7B and CN¥2.3B respectively. Guangxi Huaxi Nonferrous MetalLtd's EBIT is CN¥838.4M making its interest coverage ratio -41.5. It has cash and short-term investments of CN¥837.8M.
Key information
30.5%
Debt to equity ratio
CN¥1.32b
Debt
| Interest coverage ratio | -41.5x |
| Cash | CN¥837.76m |
| Equity | CN¥4.33b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥6.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600301's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 600301's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥570.1M).
Debt to Equity History and Analysis
Debt Level: 600301's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 600301's debt to equity ratio has increased from 0% to 30.5% over the past 5 years.
Debt Coverage: 600301's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 600301 earns more interest than it pays, so coverage of interest payments is not a concern.