Shandong Fengyuan Chemical Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Fengyuan Chemical has a total shareholder equity of CN¥2.8B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are CN¥5.9B and CN¥3.2B respectively.
Key information
88.6%
Debt to equity ratio
CN¥2.45b
Debt
Interest coverage ratio | n/a |
Cash | CN¥684.00m |
Equity | CN¥2.77b |
Total liabilities | CN¥3.16b |
Total assets | CN¥5.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002805's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002805's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002805's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 002805's debt to equity ratio has increased from 23.4% to 88.6% over the past 5 years.
Debt Coverage: 002805's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002805's interest payments on its debt are well covered by EBIT.