Hubei Heyuan GasLtd Balance Sheet Health
Financial Health criteria checks 0/6
Hubei Heyuan GasLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are CN¥5.0B and CN¥3.6B respectively. Hubei Heyuan GasLtd's EBIT is CN¥143.2M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥212.6M.
Key information
106.2%
Debt to equity ratio
CN¥1.43b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥212.64m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥3.61b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Hubei Heyuan Gas Co.,Ltd. (SZSE:002971) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Oct 10
The Returns On Capital At Hubei Heyuan GasLtd (SZSE:002971) Don't Inspire Confidence
Sep 27Hubei Heyuan Gas Co.,Ltd.'s (SZSE:002971) Share Price Not Quite Adding Up
Jul 04There Are Reasons To Feel Uneasy About Hubei Heyuan GasLtd's (SZSE:002971) Returns On Capital
Jun 07Hubei Heyuan GasLtd's (SZSE:002971) Profits May Not Reveal Underlying Issues
May 01There's Reason For Concern Over Hubei Heyuan Gas Co.,Ltd.'s (SZSE:002971) Price
Mar 14Financial Position Analysis
Short Term Liabilities: 002971's short term assets (CN¥807.0M) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002971's short term assets (CN¥807.0M) do not cover its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002971's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: 002971's debt to equity ratio has increased from 48.1% to 106.2% over the past 5 years.
Debt Coverage: 002971's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 002971's interest payments on its debt are not well covered by EBIT (2.7x coverage).