Shandong Chenming Paper Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Chenming Paper Holdings has a total shareholder equity of CN¥20.9B and total debt of CN¥42.4B, which brings its debt-to-equity ratio to 203.1%. Its total assets and total liabilities are CN¥80.2B and CN¥59.3B respectively.
Key information
203.1%
Debt to equity ratio
CN¥42.38b
Debt
Interest coverage ratio | n/a |
Cash | CN¥13.28b |
Equity | CN¥20.87b |
Total liabilities | CN¥59.30b |
Total assets | CN¥80.17b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCD1's short term assets (CN¥29.6B) do not cover its short term liabilities (CN¥50.9B).
Long Term Liabilities: SCD1's short term assets (CN¥29.6B) exceed its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: SCD1's net debt to equity ratio (139.5%) is considered high.
Reducing Debt: SCD1's debt to equity ratio has reduced from 221% to 203.1% over the past 5 years.
Debt Coverage: SCD1's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: Insufficient data to determine if SCD1's interest payments on its debt are well covered by EBIT.