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¥787.8M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are CN¥2.9B and CN¥946.1M respectively.
Key information
39.6%
Debt to equity ratio
CN¥787.81m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.33b |
| Equity | CN¥1.99b |
| Total liabilities | CN¥946.05m |
| Total assets | CN¥2.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002549's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥791.7M).
Long Term Liabilities: 002549's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥154.3M).
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 45.6% to 39.6% over the past 5 years.
Debt Coverage: 002549's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: Insufficient data to determine if 002549's interest payments on its debt are well covered by EBIT.