Guizhou Chanhen Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Guizhou Chanhen Chemical has a total shareholder equity of CN¥6.1B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are CN¥11.4B and CN¥5.3B respectively. Guizhou Chanhen Chemical's EBIT is CN¥1.2B making its interest coverage ratio 9. It has cash and short-term investments of CN¥1.9B.
Key information
64.2%
Debt to equity ratio
CN¥3.89b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥1.87b |
| Equity | CN¥6.06b |
| Total liabilities | CN¥5.31b |
| Total assets | CN¥11.37b |
Recent financial health updates
Is Guizhou Chanhen Chemical (SZSE:002895) Using Too Much Debt?
Jul 22
These 4 Measures Indicate That Guizhou Chanhen Chemical (SZSE:002895) Is Using Debt Extensively
Apr 21Recent updates
Is Guizhou Chanhen Chemical (SZSE:002895) Using Too Much Debt?
Jul 22Calculating The Fair Value Of Guizhou Chanhen Chemical Corporation (SZSE:002895)
Jul 01Market Still Lacking Some Conviction On Guizhou Chanhen Chemical Corporation (SZSE:002895)
Jun 13Guizhou Chanhen Chemical (SZSE:002895) Is Looking To Continue Growing Its Returns On Capital
May 28Guizhou Chanhen Chemical's (SZSE:002895) Shareholders Will Receive A Bigger Dividend Than Last Year
May 13These 4 Measures Indicate That Guizhou Chanhen Chemical (SZSE:002895) Is Using Debt Extensively
Apr 21Guizhou Chanhen Chemical's (SZSE:002895) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 05Calculating The Intrinsic Value Of Guizhou Chanhen Chemical Corporation (SZSE:002895)
Mar 28Guizhou Chanhen Chemical Corporation (SZSE:002895) Shares Fly 30% But Investors Aren't Buying For Growth
Mar 07Financial Position Analysis
Short Term Liabilities: 002895's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002895's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 002895's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 002895's debt to equity ratio has increased from 24.7% to 64.2% over the past 5 years.
Debt Coverage: 002895's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 002895's interest payments on its debt are well covered by EBIT (9x coverage).