Gansu Shangfeng CementLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gansu Shangfeng CementLtd has a total shareholder equity of CN¥9.6B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are CN¥17.9B and CN¥8.3B respectively. Gansu Shangfeng CementLtd's EBIT is CN¥852.8M making its interest coverage ratio -48.4. It has cash and short-term investments of CN¥5.1B.
Key information
42.4%
Debt to equity ratio
CN¥4.07b
Debt
| Interest coverage ratio | -48.4x |
| Cash | CN¥5.14b |
| Equity | CN¥9.59b |
| Total liabilities | CN¥8.34b |
| Total assets | CN¥17.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000672's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 000672's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥3.1B).
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 32.2% to 42.4% over the past 5 years.
Debt Coverage: 000672's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 000672 earns more interest than it pays, so coverage of interest payments is not a concern.