Hunan Kaimeite Gases Balance Sheet Health
Financial Health criteria checks 4/6
Hunan Kaimeite Gases has a total shareholder equity of CN¥2.0B and total debt of CN¥777.7M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are CN¥3.0B and CN¥947.3M respectively.
Key information
38.7%
Debt to equity ratio
CN¥777.67m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.25b |
| Equity | CN¥2.01b |
| Total liabilities | CN¥947.34m |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002549's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥794.0M).
Long Term Liabilities: 002549's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥153.4M).
Debt to Equity History and Analysis
Debt Level: 002549 has more cash than its total debt.
Reducing Debt: 002549's debt to equity ratio has reduced from 46.8% to 38.7% over the past 5 years.
Debt Coverage: 002549's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: Insufficient data to determine if 002549's interest payments on its debt are well covered by EBIT.