Shaanxi Provincial Natural GasLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Provincial Natural GasLtd has a total shareholder equity of CN¥7.1B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥13.0B and CN¥5.8B respectively. Shaanxi Provincial Natural GasLtd's EBIT is CN¥951.9M making its interest coverage ratio 41.7. It has cash and short-term investments of CN¥890.2M.
Key information
46.4%
Debt to equity ratio
CN¥3.30b
Debt
| Interest coverage ratio | 41.7x |
| Cash | CN¥890.17m |
| Equity | CN¥7.12b |
| Total liabilities | CN¥5.84b |
| Total assets | CN¥12.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002267's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002267's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 002267's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 002267's debt to equity ratio has increased from 38.2% to 46.4% over the past 5 years.
Debt Coverage: 002267's debt is well covered by operating cash flow (37%).
Interest Coverage: 002267's interest payments on its debt are well covered by EBIT (41.7x coverage).