Sichuan Qiaoyuan GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Qiaoyuan GasLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥93.2M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥2.0B and CN¥234.2M respectively. Sichuan Qiaoyuan GasLtd's EBIT is CN¥217.3M making its interest coverage ratio 109.1. It has cash and short-term investments of CN¥180.2M.
Key information
5.4%
Debt to equity ratio
CN¥93.19m
Debt
| Interest coverage ratio | 109.1x |
| Cash | CN¥180.18m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥234.16m |
| Total assets | CN¥1.97b |
Financial Position Analysis
Short Term Liabilities: 301286's short term assets (CN¥554.8M) exceed its short term liabilities (CN¥129.1M).
Long Term Liabilities: 301286's short term assets (CN¥554.8M) exceed its long term liabilities (CN¥105.0M).
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 increased from 2.6% to 5.4% over the past 5 years.
Debt Coverage: 301286's debt is well covered by operating cash flow (238.9%).
Interest Coverage: 301286's interest payments on its debt are well covered by EBIT (109.1x coverage).