Gansu Qilianshan Cement Group Financial Health
How is Gansu Qilianshan Cement Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 600720's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 600720's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥583.5M).
Debt to Equity History and Analysis
Debt Level: 600720 has more cash than its total debt.
Reducing Debt: 600720's debt to equity ratio has reduced from 37.3% to 4.3% over the past 5 years.
Debt Coverage: 600720's debt is well covered by operating cash flow (591%).
Interest Coverage: 600720 earns more interest than it pays, so coverage of interest payments is not a concern.