Guangdong Xianglu Tungsten Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Xianglu Tungsten has a total shareholder equity of CN¥814.9M and total debt of CN¥962.0M, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively.
Key information
118.1%
Debt to equity ratio
CN¥962.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥83.04m |
| Equity | CN¥814.86m |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥2.01b |
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¥821.3M).
Long Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥378.1M).
Debt to Equity History and Analysis
Debt Level: 002842's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: 002842's debt to equity ratio has increased from 76.3% to 118.1% over the past 5 years.
Debt Coverage: 002842's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002842's interest payments on its debt are well covered by EBIT.