Gansu Shangfeng CementLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gansu Shangfeng CementLtd has a total shareholder equity of CN¥9.4B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥17.7B and CN¥8.3B respectively. Gansu Shangfeng CementLtd's EBIT is CN¥410.0M making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥4.8B.
Key information
47.8%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥4.82b |
| Equity | CN¥9.44b |
| Total liabilities | CN¥8.27b |
| Total assets | CN¥17.71b |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Gansu Shangfeng Cement Co.,Ltd's (SZSE:000672) 35% Share Price Climb
Oct 21
We Think Gansu Shangfeng CementLtd (SZSE:000672) Is Taking Some Risk With Its Debt
Oct 16Calculating The Intrinsic Value Of Gansu Shangfeng Cement Co.,Ltd (SZSE:000672)
May 28We Think That There Are More Issues For Gansu Shangfeng CementLtd (SZSE:000672) Than Just Sluggish Earnings
May 06Time To Worry? Analysts Are Downgrading Their Gansu Shangfeng Cement Co.,Ltd (SZSE:000672) Outlook
Apr 26There Is A Reason Gansu Shangfeng Cement Co.,Ltd's (SZSE:000672) Price Is Undemanding
Mar 28Financial Position Analysis
Short Term Liabilities: 000672's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 000672's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 000672 has more cash than its total debt.
Reducing Debt: 000672's debt to equity ratio has increased from 26.1% to 47.8% over the past 5 years.
Debt Coverage: 000672's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 000672 earns more interest than it pays, so coverage of interest payments is not a concern.