Guangdong Xianglu Tungsten Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Xianglu Tungsten has a total shareholder equity of CN¥793.5M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively.
Key information
126.8%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥87.89m |
| Equity | CN¥793.51m |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥826.3M).
Long Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥407.5M).
Debt to Equity History and Analysis
Debt Level: 002842's net debt to equity ratio (115.7%) is considered high.
Reducing Debt: 002842's debt to equity ratio has increased from 105.4% to 126.8% over the past 5 years.
Debt Coverage: 002842's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if 002842's interest payments on its debt are well covered by EBIT.