Tangshan Jidong CementLtd Balance Sheet Health
Financial Health criteria checks 2/6
Tangshan Jidong CementLtd has a total shareholder equity of CN¥30.1B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are CN¥60.4B and CN¥30.3B respectively.
Key information
70.4%
Debt to equity ratio
CN¥21.19b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.01b |
| Equity | CN¥30.11b |
| Total liabilities | CN¥30.32b |
| Total assets | CN¥60.44b |
Recent financial health updates
Is Tangshan Jidong CementLtd (SZSE:000401) Using Debt In A Risky Way?
Aug 26
Is Tangshan Jidong CementLtd (SZSE:000401) Using Too Much Debt?
Mar 06Recent updates
Investors Still Aren't Entirely Convinced By Tangshan Jidong Cement Co.,Ltd.'s (SZSE:000401) Revenues Despite 28% Price Jump
Oct 01CN¥6.62: That's What Analysts Think Tangshan Jidong Cement Co.,Ltd. (SZSE:000401) Is Worth After Its Latest Results
Sep 03Is Tangshan Jidong CementLtd (SZSE:000401) Using Debt In A Risky Way?
Aug 26Not Many Are Piling Into Tangshan Jidong Cement Co.,Ltd. (SZSE:000401) Just Yet
Jul 30Tangshan Jidong Cement Co.,Ltd. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Mar 31Is Tangshan Jidong CementLtd (SZSE:000401) Using Too Much Debt?
Mar 06Financial Position Analysis
Short Term Liabilities: 000401's short term assets (CN¥15.8B) exceed its short term liabilities (CN¥15.5B).
Long Term Liabilities: 000401's short term assets (CN¥15.8B) exceed its long term liabilities (CN¥14.9B).
Debt to Equity History and Analysis
Debt Level: 000401's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: 000401's debt to equity ratio has increased from 50.2% to 70.4% over the past 5 years.
Debt Coverage: 000401's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if 000401's interest payments on its debt are well covered by EBIT.