Shandong Rike ChemicalLTD Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Rike ChemicalLTD has a total shareholder equity of CN¥2.6B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are CN¥5.0B and CN¥2.4B respectively.
Key information
46.3%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥290.73m |
| Equity | CN¥2.58b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Shandong Rike ChemicalLTD (SZSE:300214) Might Be Having Difficulty Using Its Capital Effectively
Aug 28
Subdued Growth No Barrier To Shandong Rike Chemical Co.,LTD.'s (SZSE:300214) Price
Jun 03Earnings Troubles May Signal Larger Issues for Shandong Rike ChemicalLTD (SZSE:300214) Shareholders
May 03Shandong Rike ChemicalLTD (SZSE:300214) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Financial Position Analysis
Short Term Liabilities: 300214's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300214's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥664.2M).
Debt to Equity History and Analysis
Debt Level: 300214's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 300214's debt to equity ratio has increased from 4.4% to 46.3% over the past 5 years.
Debt Coverage: 300214's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: Insufficient data to determine if 300214's interest payments on its debt are well covered by EBIT.