Shengli Oil & Gas Pipe Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shengli Oil & Gas Pipe Holdings has a total shareholder equity of CN¥453.7M and total debt of CN¥325.0M, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are CN¥959.3M and CN¥505.6M respectively.
Key information
71.6%
Debt to equity ratio
CN¥325.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.09m |
| Equity | CN¥453.74m |
| Total liabilities | CN¥505.58m |
| Total assets | CN¥959.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSG's short term assets (CN¥403.6M) exceed its short term liabilities (CN¥397.6M).
Long Term Liabilities: GSG's short term assets (CN¥403.6M) exceed its long term liabilities (CN¥108.0M).
Debt to Equity History and Analysis
Debt Level: GSG's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: GSG's debt to equity ratio has increased from 61.7% to 71.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GSG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GSG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 58% per year.