Shandong Cynda ChemicalLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Cynda ChemicalLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥336.7M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥3.8B and CN¥1.8B respectively.
Key information
16.7%
Debt to equity ratio
CN¥336.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥769.95m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥1.77b |
| Total assets | CN¥3.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603086's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603086's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥22.9M).
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 11.4% to 16.7% over the past 5 years.
Debt Coverage: 603086's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: Insufficient data to determine if 603086's interest payments on its debt are well covered by EBIT.