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¥5.4B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 207.5%. Its total assets and total liabilities are CN¥21.6B and CN¥16.2B respectively. China Shuifa Singyes Energy Holdings's EBIT is CN¥482.0M making its interest coverage ratio 1. It has cash and short-term investments of CN¥1.9B.
Key information
207.5%
Debt to equity ratio
CN¥11.22b
Debt
Interest coverage ratio | 1x |
Cash | CN¥1.89b |
Equity | CN¥5.41b |
Total liabilities | CN¥16.23b |
Total assets | CN¥21.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KG0A's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: KG0A's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: KG0A's net debt to equity ratio (172.6%) is considered high.
Reducing Debt: KG0A's debt to equity ratio has increased from 159.9% to 207.5% over the past 5 years.
Debt Coverage: KG0A's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: KG0A's interest payments on its debt are not well covered by EBIT (1x coverage).