Shaanxi Xinghua ChemistryLtd Balance Sheet Health
Financial Health criteria checks 0/6
Shaanxi Xinghua ChemistryLtd has a total shareholder equity of CN¥5.7B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are CN¥11.8B and CN¥6.1B respectively.
Key information
73.6%
Debt to equity ratio
CN¥4.22b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.21b |
| Equity | CN¥5.73b |
| Total liabilities | CN¥6.07b |
| Total assets | CN¥11.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002109's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002109's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002109's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: 002109's debt to equity ratio has increased from 6.9% to 73.6% over the past 5 years.
Debt Coverage: 002109's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: Insufficient data to determine if 002109's interest payments on its debt are well covered by EBIT.