Guangdong Xianglu Tungsten Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Xianglu Tungsten has a total shareholder equity of CN¥803.9M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are CN¥2.1B and CN¥1.3B respectively.
Key information
128.2%
Debt to equity ratio
CN¥1.03b
Debt
Interest coverage ratio | n/a |
Cash | CN¥132.45m |
Equity | CN¥803.94m |
Total liabilities | CN¥1.35b |
Total assets | CN¥2.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002842's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥919.9M).
Long Term Liabilities: 002842's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥425.4M).
Debt to Equity History and Analysis
Debt Level: 002842's net debt to equity ratio (111.8%) is considered high.
Reducing Debt: 002842's debt to equity ratio has increased from 62.1% to 128.2% over the past 5 years.
Debt Coverage: 002842's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: Insufficient data to determine if 002842's interest payments on its debt are well covered by EBIT.