Guangxi Energy Balance Sheet Health
Financial Health criteria checks 0/6
Guangxi Energy has a total shareholder equity of CN¥4.5B and total debt of CN¥11.5B, which brings its debt-to-equity ratio to 255.6%. Its total assets and total liabilities are CN¥19.3B and CN¥14.8B respectively. Guangxi Energy's EBIT is CN¥431.3M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥1.9B.
Key information
255.6%
Debt to equity ratio
CN¥11.54b
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥1.90b |
Equity | CN¥4.51b |
Total liabilities | CN¥14.81b |
Total assets | CN¥19.32b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600310's short term assets (CN¥3.3B) do not cover its short term liabilities (CN¥6.9B).
Long Term Liabilities: 600310's short term assets (CN¥3.3B) do not cover its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 600310's net debt to equity ratio (213.5%) is considered high.
Reducing Debt: 600310's debt to equity ratio has increased from 229.4% to 255.6% over the past 5 years.
Debt Coverage: 600310's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 600310's interest payments on its debt are not well covered by EBIT (0.9x coverage).