Shandong Humon Smelting Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Humon Smelting has a total shareholder equity of CN¥9.5B and total debt of CN¥12.3B, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are CN¥24.8B and CN¥15.3B respectively. Shandong Humon Smelting's EBIT is CN¥1.1B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥4.5B.
Key information
129.2%
Debt to equity ratio
CN¥12.25b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥4.47b |
| Equity | CN¥9.48b |
| Total liabilities | CN¥15.30b |
| Total assets | CN¥24.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002237's short term assets (CN¥16.8B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 002237's short term assets (CN¥16.8B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 002237's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: 002237's debt to equity ratio has reduced from 137.4% to 129.2% over the past 5 years.
Debt Coverage: 002237's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 002237's interest payments on its debt are well covered by EBIT (4.3x coverage).