Gansu Shangfeng CementLtd Balance Sheet Health
Financial Health criteria checks 4/6
Gansu Shangfeng CementLtd has a total shareholder equity of CN¥9.3B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CN¥17.6B and CN¥8.4B respectively. Gansu Shangfeng CementLtd's EBIT is CN¥436.1M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥4.5B.
Key information
50.6%
Debt to equity ratio
CN¥4.70b
Debt
| Interest coverage ratio | -10.1x |
| Cash | CN¥4.48b |
| Equity | CN¥9.29b |
| Total liabilities | CN¥8.36b |
| Total assets | CN¥17.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000672's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 000672's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 000672's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 000672's debt to equity ratio has increased from 25.6% to 50.6% over the past 5 years.
Debt Coverage: 000672's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 000672 earns more interest than it pays, so coverage of interest payments is not a concern.