Liuzhou Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Liuzhou Chemical Industry has a total shareholder equity of CN¥552.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥582.7M and CN¥30.3M respectively. Liuzhou Chemical Industry's EBIT is CN¥33.7M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥423.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥423.27m |
| Equity | CN¥552.45m |
| Total liabilities | CN¥30.25m |
| Total assets | CN¥582.70m |
Recent financial health updates
No updates
Recent updates
Liuzhou Chemical Industry Co., Ltd.'s (SHSE:600423) Price Is Out Of Tune With Revenues
Oct 28
Liuzhou Chemical Industry's (SHSE:600423) Solid Profits Have Weak Fundamentals
Apr 05Liuzhou Chemical Industry Co., Ltd.'s (SHSE:600423) 30% Share Price Surge Not Quite Adding Up
Mar 08If EPS Growth Is Important To You, Liuzhou Chemical Industry (SHSE:600423) Presents An Opportunity
Feb 27Financial Position Analysis
Short Term Liabilities: 600423's short term assets (CN¥484.1M) exceed its short term liabilities (CN¥28.0M).
Long Term Liabilities: 600423's short term assets (CN¥484.1M) exceed its long term liabilities (CN¥2.2M).
Debt to Equity History and Analysis
Debt Level: 600423 is debt free.
Reducing Debt: 600423 had no debt 5 years ago.
Debt Coverage: 600423 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600423 has no debt, therefore coverage of interest payments is not a concern.