Guangxi Hechi Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Hechi Chemical has a total shareholder equity of CN¥161.4M and total debt of CN¥135.0M, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are CN¥361.5M and CN¥200.1M respectively.
Key information
83.6%
Debt to equity ratio
CN¥134.99m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥116.45m |
| Equity | CN¥161.38m |
| Total liabilities | CN¥200.11m |
| Total assets | CN¥361.49m |
Recent financial health updates
No updates
Recent updates
Guangxi Hechi Chemical Co., Ltd (SZSE:000953) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Oct 07
Guangxi Hechi Chemical Co., Ltd's (SZSE:000953) Shares Climb 30% But Its Business Is Yet to Catch Up
Jul 30More Unpleasant Surprises Could Be In Store For Guangxi Hechi Chemical Co., Ltd's (SZSE:000953) Shares After Tumbling 33%
Jun 07Financial Position Analysis
Short Term Liabilities: 000953's short term assets (CN¥193.5M) exceed its short term liabilities (CN¥189.9M).
Long Term Liabilities: 000953's short term assets (CN¥193.5M) exceed its long term liabilities (CN¥10.3M).
Debt to Equity History and Analysis
Debt Level: 000953's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 000953 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 000953's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: Insufficient data to determine if 000953's interest payments on its debt are well covered by EBIT.