Hangzhou Oxygen Plant GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Oxygen Plant GroupLtd has a total shareholder equity of CN¥10.2B and total debt of CN¥6.9B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥24.0B and CN¥13.8B respectively. Hangzhou Oxygen Plant GroupLtd's EBIT is CN¥1.3B making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥3.0B.
Key information
67.9%
Debt to equity ratio
CN¥6.90b
Debt
| Interest coverage ratio | 17.5x |
| Cash | CN¥2.98b |
| Equity | CN¥10.16b |
| Total liabilities | CN¥13.83b |
| Total assets | CN¥23.99b |
Recent financial health updates
Here's Why Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Has A Meaningful Debt Burden
Sep 11
Is Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Using Too Much Debt?
May 28Recent updates
Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Earnings Are Weaker Than They Seem
Nov 04Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Returns On Capital Not Reflecting Well On The Business
Oct 16Further Upside For Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) Shares Could Introduce Price Risks After 30% Bounce
Oct 01A Look At The Intrinsic Value Of Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430)
Sep 27Here's Why Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Has A Meaningful Debt Burden
Sep 11Improved Earnings Required Before Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) Shares Find Their Feet
Aug 07Calculating The Fair Value Of Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430)
Jun 18Is Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Using Too Much Debt?
May 28Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Will Pay A Dividend Of CN¥0.80
May 10Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Anemic Earnings Might Be Worse Than You Think
May 02Hangzhou Oxygen Plant Group Co.,Ltd.'s (SZSE:002430) Price Is Right But Growth Is Lacking
Apr 16Hangzhou Oxygen Plant Group Co.,Ltd.'s (SZSE:002430) Intrinsic Value Is Potentially 80% Above Its Share Price
Mar 15Financial Position Analysis
Short Term Liabilities: 002430's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 002430's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 002430's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 002430's debt to equity ratio has increased from 32% to 67.9% over the past 5 years.
Debt Coverage: 002430's debt is well covered by operating cash flow (38.5%).
Interest Coverage: 002430's interest payments on its debt are well covered by EBIT (17.5x coverage).