Shandong Cynda ChemicalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Cynda ChemicalLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥359.0M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥3.5B and CN¥1.5B respectively.
Key information
18.0%
Debt to equity ratio
CN¥359.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥734.19m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥1.46b |
| Total assets | CN¥3.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603086's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603086's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥33.1M).
Debt to Equity History and Analysis
Debt Level: 603086 has more cash than its total debt.
Reducing Debt: 603086's debt to equity ratio has increased from 1.4% to 18% over the past 5 years.
Debt Coverage: 603086's debt is well covered by operating cash flow (31.3%).
Interest Coverage: Insufficient data to determine if 603086's interest payments on its debt are well covered by EBIT.