Sichuan Qiaoyuan GasLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Qiaoyuan GasLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥107.2M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥2.0B and CN¥230.1M respectively. Sichuan Qiaoyuan GasLtd's EBIT is CN¥224.3M making its interest coverage ratio 35.3. It has cash and short-term investments of CN¥173.4M.
Key information
6.2%
Debt to equity ratio
CN¥107.15m
Debt
Interest coverage ratio | 35.3x |
Cash | CN¥173.43m |
Equity | CN¥1.73b |
Total liabilities | CN¥230.08m |
Total assets | CN¥1.96b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301286's short term assets (CN¥552.4M) exceed its short term liabilities (CN¥111.7M).
Long Term Liabilities: 301286's short term assets (CN¥552.4M) exceed its long term liabilities (CN¥118.4M).
Debt to Equity History and Analysis
Debt Level: 301286 has more cash than its total debt.
Reducing Debt: 301286's debt to equity ratio has reduced from 10.3% to 6.2% over the past 5 years.
Debt Coverage: 301286's debt is well covered by operating cash flow (147.5%).
Interest Coverage: 301286's interest payments on its debt are well covered by EBIT (35.3x coverage).