Xinjiang Zhongtai Chemical Balance Sheet Health
Financial Health criteria checks 3/6
Xinjiang Zhongtai Chemical has a total shareholder equity of CN¥28.1B and total debt of CN¥22.3B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CN¥72.5B and CN¥44.4B respectively.
Key information
79.4%
Debt to equity ratio
CN¥22.32b
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.41b |
Equity | CN¥28.11b |
Total liabilities | CN¥44.41b |
Total assets | CN¥72.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002092's short term assets (CN¥15.5B) do not cover its short term liabilities (CN¥31.0B).
Long Term Liabilities: 002092's short term assets (CN¥15.5B) exceed its long term liabilities (CN¥13.4B).
Debt to Equity History and Analysis
Debt Level: 002092's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 002092's debt to equity ratio has reduced from 122.7% to 79.4% over the past 5 years.
Debt Coverage: 002092's debt is well covered by operating cash flow (27.9%).
Interest Coverage: Insufficient data to determine if 002092's interest payments on its debt are well covered by EBIT.