Shandong Yanggu Huatai Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Yanggu Huatai Chemical has a total shareholder equity of CN¥3.2B and total debt of CN¥622.9M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are CN¥4.4B and CN¥1.2B respectively. Shandong Yanggu Huatai Chemical's EBIT is CN¥412.3M making its interest coverage ratio 23.6. It has cash and short-term investments of CN¥1.0B.
Key information
19.4%
Debt to equity ratio
CN¥622.91m
Debt
Interest coverage ratio | 23.6x |
Cash | CN¥1.02b |
Equity | CN¥3.21b |
Total liabilities | CN¥1.21b |
Total assets | CN¥4.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300121's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥662.9M).
Long Term Liabilities: 300121's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥546.4M).
Debt to Equity History and Analysis
Debt Level: 300121 has more cash than its total debt.
Reducing Debt: 300121's debt to equity ratio has increased from 7% to 19.4% over the past 5 years.
Debt Coverage: 300121's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 300121's interest payments on its debt are well covered by EBIT (23.6x coverage).