Shahe Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Shahe Industrial has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥531.1M respectively. Shahe Industrial's EBIT is CN¥87.0M making its interest coverage ratio -20.6. It has cash and short-term investments of CN¥418.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -20.6x |
| Cash | CN¥418.44m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥531.14m |
| Total assets | CN¥2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000014's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥512.2M).
Long Term Liabilities: 000014's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥18.9M).
Debt to Equity History and Analysis
Debt Level: 000014 is debt free.
Reducing Debt: 000014 has no debt compared to 5 years ago when its debt to equity ratio was 4.5%.
Debt Coverage: 000014 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000014 has no debt, therefore coverage of interest payments is not a concern.