Maoming Petro-Chemical Shihua Balance Sheet Health
Financial Health criteria checks 2/6
Maoming Petro-Chemical Shihua has a total shareholder equity of CN¥742.9M and total debt of CN¥841.8M, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are CN¥2.4B and CN¥1.7B respectively.
Key information
113.3%
Debt to equity ratio
CN¥841.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥149.78m |
| Equity | CN¥742.89m |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥2.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000637's short term assets (CN¥649.8M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000637's short term assets (CN¥649.8M) exceed its long term liabilities (CN¥302.8M).
Debt to Equity History and Analysis
Debt Level: 000637's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: 000637's debt to equity ratio has increased from 0% to 113.3% over the past 5 years.
Debt Coverage: 000637's debt is well covered by operating cash flow (22.4%).
Interest Coverage: Insufficient data to determine if 000637's interest payments on its debt are well covered by EBIT.