Changzhou Shichuang EnergyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Changzhou Shichuang EnergyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥526.9M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥3.3B and CN¥1.5B respectively.
Key information
29.2%
Debt to equity ratio
CN¥526.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥888.77m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥1.48b |
| Total assets | CN¥3.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688429's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688429's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥229.0M).
Debt to Equity History and Analysis
Debt Level: 688429 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688429's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688429's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688429's interest payments on its debt are well covered by EBIT.