Shaanxi Xinghua ChemistryLtd Balance Sheet Health
Financial Health criteria checks 0/6
Shaanxi Xinghua ChemistryLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are CN¥11.6B and CN¥6.1B respectively.
Key information
76.9%
Debt to equity ratio
CN¥4.25b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.51b |
| Equity | CN¥5.53b |
| Total liabilities | CN¥6.12b |
| Total assets | CN¥11.65b |
Recent financial health updates
Recent updates
Revenues Working Against Shaanxi Xinghua Chemistry Co.,Ltd's (SZSE:002109) Share Price
Oct 28
Shaanxi Xinghua Chemistry Co.,Ltd's (SZSE:002109) Share Price Is Matching Sentiment Around Its Revenues
Jul 25Is Shaanxi Xinghua ChemistryLtd (SZSE:002109) Weighed On By Its Debt Load?
Jun 04Shaanxi Xinghua Chemistry Co.,Ltd (SZSE:002109) Soars 26% But It's A Story Of Risk Vs Reward
Mar 08Financial Position Analysis
Short Term Liabilities: 002109's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002109's short term assets (CN¥2.1B) do not cover its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002109's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: 002109's debt to equity ratio has increased from 6.8% to 76.9% over the past 5 years.
Debt Coverage: 002109's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if 002109's interest payments on its debt are well covered by EBIT.