North Huajin Chemical IndustriesLtd Balance Sheet Health
Financial Health criteria checks 2/6
North Huajin Chemical IndustriesLtd has a total shareholder equity of CN¥13.1B and total debt of CN¥10.1B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are CN¥27.3B and CN¥14.2B respectively.
Key information
77.6%
Debt to equity ratio
CN¥10.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.90b |
| Equity | CN¥13.05b |
| Total liabilities | CN¥14.20b |
| Total assets | CN¥27.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000059's short term assets (CN¥14.5B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 000059's short term assets (CN¥14.5B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 000059's net debt to equity ratio (40%) is considered high.
Reducing Debt: 000059's debt to equity ratio has increased from 74.6% to 77.6% over the past 5 years.
Debt Coverage: 000059's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if 000059's interest payments on its debt are well covered by EBIT.