China Shuifa Singyes Energy Holdings Balance Sheet Health
Financial Health criteria checks 2/6
China Shuifa Singyes Energy Holdings has a total shareholder equity of CN¥4.7B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 142.4%. Its total assets and total liabilities are CN¥14.6B and CN¥9.9B respectively. China Shuifa Singyes Energy Holdings's EBIT is CN¥567.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥879.7M.
Key information
142.4%
Debt to equity ratio
CN¥6.66b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥879.72m |
| Equity | CN¥4.68b |
| Total liabilities | CN¥9.92b |
| Total assets | CN¥14.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KG0A's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: KG0A's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: KG0A's net debt to equity ratio (123.6%) is considered high.
Reducing Debt: KG0A's debt to equity ratio has increased from 108.7% to 142.4% over the past 5 years.
Debt Coverage: KG0A's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: KG0A's interest payments on its debt are not well covered by EBIT (1.8x coverage).