Gansu Shangfeng CementLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gansu Shangfeng CementLtd has a total shareholder equity of CN¥9.4B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥17.7B and CN¥8.3B respectively. Gansu Shangfeng CementLtd's EBIT is CN¥410.0M making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥4.8B.
Key information
47.8%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥4.82b |
| Equity | CN¥9.44b |
| Total liabilities | CN¥8.27b |
| Total assets | CN¥17.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000672's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 000672's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 000672 has more cash than its total debt.
Reducing Debt: 000672's debt to equity ratio has increased from 26.1% to 47.8% over the past 5 years.
Debt Coverage: 000672's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 000672 earns more interest than it pays, so coverage of interest payments is not a concern.