Shaanxi Beiyuan Chemical Industry Group Balance Sheet Health
Financial Health criteria checks 6/6
Shaanxi Beiyuan Chemical Industry Group has a total shareholder equity of CN¥11.8B and total debt of CN¥150.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥14.8B and CN¥3.0B respectively. Shaanxi Beiyuan Chemical Industry Group's EBIT is CN¥774.6M making its interest coverage ratio -973.7. It has cash and short-term investments of CN¥4.6B.
Key information
1.3%
Debt to equity ratio
CN¥150.14m
Debt
Interest coverage ratio | -973.7x |
Cash | CN¥4.63b |
Equity | CN¥11.80b |
Total liabilities | CN¥2.99b |
Total assets | CN¥14.79b |
Recent financial health updates
No updates
Recent updates
Shaanxi Beiyuan Chemical Industry Group's (SHSE:601568) Soft Earnings Are Actually Better Than They Appear
Apr 25Estimating The Intrinsic Value Of Shaanxi Beiyuan Chemical Industry Group Co., Ltd. (SHSE:601568)
Apr 03Investors Could Be Concerned With Shaanxi Beiyuan Chemical Industry Group's (SHSE:601568) Returns On Capital
Mar 07Financial Position Analysis
Short Term Liabilities: 601568's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 601568's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥180.1M).
Debt to Equity History and Analysis
Debt Level: 601568 has more cash than its total debt.
Reducing Debt: 601568's debt to equity ratio has reduced from 24.7% to 1.3% over the past 5 years.
Debt Coverage: 601568's debt is well covered by operating cash flow (314.9%).
Interest Coverage: 601568 earns more interest than it pays, so coverage of interest payments is not a concern.