Shanxi Installation Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanxi Installation Group has a total shareholder equity of CN¥779.9M and total debt of CN¥513.6M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥1.6B and CN¥843.3M respectively. Shanxi Installation Group's EBIT is CN¥106.2M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥249.5M.
Key information
65.9%
Debt to equity ratio
CN¥513.63m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥249.47m |
| Equity | CN¥779.86m |
| Total liabilities | CN¥843.31m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2520's short term assets (CN¥708.9M) exceed its short term liabilities (CN¥223.1M).
Long Term Liabilities: 2520's short term assets (CN¥708.9M) exceed its long term liabilities (CN¥620.2M).
Debt to Equity History and Analysis
Debt Level: 2520's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2520's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2520's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 2520 earns more interest than it pays, so coverage of interest payments is not a concern.