Qinghai Salt Lake IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Qinghai Salt Lake IndustryLtd has a total shareholder equity of CN¥35.7B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥47.1B and CN¥11.3B respectively. Qinghai Salt Lake IndustryLtd's EBIT is CN¥8.0B making its interest coverage ratio -25.4. It has cash and short-term investments of CN¥21.9B.
Key information
13.1%
Debt to equity ratio
CN¥4.67b
Debt
| Interest coverage ratio | -25.4x |
| Cash | CN¥21.86b |
| Equity | CN¥35.73b |
| Total liabilities | CN¥11.32b |
| Total assets | CN¥47.05b |
Recent financial health updates
Recent updates
Are Investors Undervaluing Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) By 45%?
Jul 30
At CN¥16.08, Is Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Worth Looking At Closely?
Jul 15What Does The Future Hold For Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792)? These Analysts Have Been Cutting Their Estimates
Jun 30Why The 21% Return On Capital At Qinghai Salt Lake IndustryLtd (SZSE:000792) Should Have Your Attention
Jun 23Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 07Qinghai Salt Lake IndustryLtd's (SZSE:000792) Conservative Accounting Might Explain Soft Earnings
Apr 05Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Analysts Are More Bearish Than They Used To Be
Apr 02Is It Too Late To Consider Buying Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792)?
Mar 15Is Qinghai Salt Lake IndustryLtd (SZSE:000792) A Risky Investment?
Feb 28Financial Position Analysis
Short Term Liabilities: 000792's short term assets (CN¥30.8B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 000792's short term assets (CN¥30.8B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 000792 has more cash than its total debt.
Reducing Debt: 000792's debt to equity ratio has reduced from 216.8% to 13.1% over the past 5 years.
Debt Coverage: 000792's debt is well covered by operating cash flow (260.2%).
Interest Coverage: 000792 earns more interest than it pays, so coverage of interest payments is not a concern.