Yueyang Xingchang Petro-Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Yueyang Xingchang Petro-Chemical has a total shareholder equity of CN¥2.3B and total debt of CN¥226.4M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥3.0B and CN¥678.8M respectively. Yueyang Xingchang Petro-Chemical's EBIT is CN¥101.8M making its interest coverage ratio 210.5. It has cash and short-term investments of CN¥386.0M.
Key information
9.9%
Debt to equity ratio
CN¥226.40m
Debt
| Interest coverage ratio | 210.5x |
| Cash | CN¥386.01m |
| Equity | CN¥2.28b |
| Total liabilities | CN¥678.78m |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Beyond Lackluster Earnings: Potential Concerns For Yueyang Xingchang Petro-Chemical's (SZSE:000819) Shareholders
Nov 01
Yueyang Xingchang Petro-Chemical Co., Ltd.'s (SZSE:000819) 25% Share Price Surge Not Quite Adding Up
May 27Yueyang Xingchang Petro-Chemical (SZSE:000819) Could Be Struggling To Allocate Capital
May 22There Are Some Reasons To Suggest That Yueyang Xingchang Petro-Chemical's (SZSE:000819) Earnings Are A Poor Reflection Of Profitability
Apr 23Financial Position Analysis
Short Term Liabilities: 000819's short term assets (CN¥836.7M) exceed its short term liabilities (CN¥517.4M).
Long Term Liabilities: 000819's short term assets (CN¥836.7M) exceed its long term liabilities (CN¥161.4M).
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 9.9% over the past 5 years.
Debt Coverage: 000819's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 000819's interest payments on its debt are well covered by EBIT (210.5x coverage).