Yueyang Xingchang Petro-Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Yueyang Xingchang Petro-Chemical has a total shareholder equity of CN¥2.2B and total debt of CN¥378.3M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥3.1B and CN¥859.5M respectively. Yueyang Xingchang Petro-Chemical's EBIT is CN¥127.7M making its interest coverage ratio 67.2. It has cash and short-term investments of CN¥616.0M.
Key information
16.9%
Debt to equity ratio
CN¥378.33m
Debt
| Interest coverage ratio | 67.2x |
| Cash | CN¥615.98m |
| Equity | CN¥2.24b |
| Total liabilities | CN¥859.46m |
| Total assets | CN¥3.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000819's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥539.9M).
Long Term Liabilities: 000819's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥319.5M).
Debt to Equity History and Analysis
Debt Level: 000819 has more cash than its total debt.
Reducing Debt: 000819's debt to equity ratio has increased from 0.7% to 16.9% over the past 5 years.
Debt Coverage: 000819's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 000819's interest payments on its debt are well covered by EBIT (67.2x coverage).