Chongqing Sanxia Paints Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Sanxia Paints has a total shareholder equity of CN¥1.2B and total debt of CN¥124.1M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥1.5B and CN¥233.3M respectively.
Key information
9.9%
Debt to equity ratio
CN¥124.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥222.28m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥233.29m |
| Total assets | CN¥1.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000565's short term assets (CN¥459.3M) exceed its short term liabilities (CN¥154.8M).
Long Term Liabilities: 000565's short term assets (CN¥459.3M) exceed its long term liabilities (CN¥78.5M).
Debt to Equity History and Analysis
Debt Level: 000565 has more cash than its total debt.
Reducing Debt: 000565's debt to equity ratio has reduced from 15.9% to 9.9% over the past 5 years.
Debt Coverage: 000565's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000565's interest payments on its debt are well covered by EBIT.