Maoming Petro-Chemical Shihua Balance Sheet Health
Financial Health criteria checks 2/6
Maoming Petro-Chemical Shihua has a total shareholder equity of CN¥823.2M and total debt of CN¥919.6M, which brings its debt-to-equity ratio to 111.7%. Its total assets and total liabilities are CN¥2.4B and CN¥1.6B respectively.
Key information
111.7%
Debt to equity ratio
CN¥919.58m
Debt
Interest coverage ratio | n/a |
Cash | CN¥206.36m |
Equity | CN¥823.23m |
Total liabilities | CN¥1.59b |
Total assets | CN¥2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000637's short term assets (CN¥626.3M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 000637's short term assets (CN¥626.3M) exceed its long term liabilities (CN¥331.6M).
Debt to Equity History and Analysis
Debt Level: 000637's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: 000637's debt to equity ratio has increased from 0% to 111.7% over the past 5 years.
Debt Coverage: 000637's debt is well covered by operating cash flow (35.2%).
Interest Coverage: Insufficient data to determine if 000637's interest payments on its debt are well covered by EBIT.