Shanxi Installation Group Balance Sheet Health
Financial Health criteria checks 2/6
Shanxi Installation Group has a total shareholder equity of CN¥3.3B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 204.9%. Its total assets and total liabilities are CN¥25.8B and CN¥22.5B respectively. Shanxi Installation Group's EBIT is CN¥543.6M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥3.0B.
Key information
204.9%
Debt to equity ratio
CN¥6.68b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥3.04b |
| Equity | CN¥3.26b |
| Total liabilities | CN¥22.53b |
| Total assets | CN¥25.79b |
Financial Position Analysis
Short Term Liabilities: 2520's short term assets (CN¥19.1B) exceed its short term liabilities (CN¥18.9B).
Long Term Liabilities: 2520's short term assets (CN¥19.1B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 2520's net debt to equity ratio (111.5%) is considered high.
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 (7.7%).
Interest Coverage: 2520's interest payments on its debt are not well covered by EBIT (1.7x coverage).