Hunan Kaimeite Gases Balance Sheet Health
Financial Health criteria checks 3/6
Hunan Kaimeite Gases has a total shareholder equity of CN¥2.0B and total debt of CN¥867.2M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are CN¥3.1B and CN¥1.2B respectively.
Key information
44.1%
Debt to equity ratio
CN¥867.23m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.70b |
Equity | CN¥1.97b |
Total liabilities | CN¥1.16b |
Total assets | CN¥3.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002549's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥991.6M).
Long Term Liabilities: 002549's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥166.8M).
Debt to Equity History and Analysis
Debt Level: 002549 has more cash than its total debt.
Reducing Debt: 002549's debt to equity ratio has increased from 39.4% to 44.1% over the past 5 years.
Debt Coverage: 002549's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if 002549's interest payments on its debt are well covered by EBIT.