Xiangtan Electrochemical ScientificLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xiangtan Electrochemical ScientificLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CN¥4.8B and CN¥1.9B respectively. Xiangtan Electrochemical ScientificLtd's EBIT is CN¥395.4M making its interest coverage ratio 347.6. It has cash and short-term investments of CN¥328.1M.
Key information
44.6%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | 347.6x |
| Cash | CN¥328.06m |
| Equity | CN¥2.98b |
| Total liabilities | CN¥1.86b |
| Total assets | CN¥4.84b |
Recent financial health updates
Here's Why Xiangtan Electrochemical ScientificLtd (SZSE:002125) Can Manage Its Debt Responsibly
Sep 25
These 4 Measures Indicate That Xiangtan Electrochemical ScientificLtd (SZSE:002125) Is Using Debt Reasonably Well
May 21Recent updates
Here's Why Xiangtan Electrochemical ScientificLtd (SZSE:002125) Can Manage Its Debt Responsibly
Sep 25Xiangtan Electrochemical ScientificLtd's (SZSE:002125) Returns Have Hit A Wall
Jul 23These 4 Measures Indicate That Xiangtan Electrochemical ScientificLtd (SZSE:002125) Is Using Debt Reasonably Well
May 21Investors Still Aren't Entirely Convinced By Xiangtan Electrochemical Scientific Co.,Ltd's (SZSE:002125) Earnings Despite 27% Price Jump
Apr 30Xiangtan Electrochemical Scientific Co.,Ltd's (SZSE:002125) Shares Bounce 32% But Its Business Still Trails The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 002125's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002125's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥832.6M).
Debt to Equity History and Analysis
Debt Level: 002125's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 002125's debt to equity ratio has reduced from 120.9% to 44.6% over the past 5 years.
Debt Coverage: 002125's debt is well covered by operating cash flow (38%).
Interest Coverage: 002125's interest payments on its debt are well covered by EBIT (347.6x coverage).