Shengli Oil & Gas Pipe Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Shengli Oil & Gas Pipe Holdings has a total shareholder equity of CN¥503.4M and total debt of CN¥329.6M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are CN¥1.1B and CN¥580.1M respectively.
Key information
65.5%
Debt to equity ratio
CN¥329.57m
Debt
Interest coverage ratio | n/a |
Cash | CN¥150.51m |
Equity | CN¥503.43m |
Total liabilities | CN¥580.15m |
Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSG's short term assets (CN¥504.2M) exceed its short term liabilities (CN¥485.4M).
Long Term Liabilities: GSG's short term assets (CN¥504.2M) exceed its long term liabilities (CN¥94.8M).
Debt to Equity History and Analysis
Debt Level: GSG's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: GSG's debt to equity ratio has increased from 59.7% to 65.5% 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: GSG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GSG has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 56.9% each year.