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
Is Shengli Oil & Gas Pipe Holdings (HKG:1080) A Risky Investment?
Nov 22
Here's Why Shengli Oil & Gas Pipe Holdings (HKG:1080) Can Afford Some Debt
Sep 08Does Shengli Oil & Gas Pipe Holdings (HKG:1080) Have A Healthy Balance Sheet?
Mar 30Is Shengli Oil & Gas Pipe Holdings (HKG:1080) Using Debt In A Risky Way?
Oct 05Shengli Oil & Gas Pipe Holdings (HKG:1080) Has Debt But No Earnings; Should You Worry?
Dec 07
Recent updates
Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) 26% Share Price Surge Not Quite Adding Up
May 23Is Shengli Oil & Gas Pipe Holdings (HKG:1080) A Risky Investment?
Nov 22Calculating The Intrinsic Value Of Shengli Oil & Gas Pipe Holdings Limited (HKG:1080)
Aug 22Some Shareholders Feeling Restless Over Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) P/S Ratio
Jul 14Calculating The Fair Value Of Shengli Oil & Gas Pipe Holdings Limited (HKG:1080)
Dec 02Here's Why Shengli Oil & Gas Pipe Holdings (HKG:1080) Can Afford Some Debt
Sep 08Does Shengli Oil & Gas Pipe Holdings (HKG:1080) Have A Healthy Balance Sheet?
Mar 30Is Shengli Oil & Gas Pipe Holdings (HKG:1080) Using Debt In A Risky Way?
Oct 05It's Unlikely That Shareholders Will Increase Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) Compensation By Much This Year
Jun 11Shengli Oil & Gas Pipe Holdings (HKG:1080) Has Debt But No Earnings; Should You Worry?
Dec 07Financial Position Analysis
Short Term Liabilities: 1080's short term assets (CN¥504.2M) exceed its short term liabilities (CN¥485.4M).
Long Term Liabilities: 1080's short term assets (CN¥504.2M) exceed its long term liabilities (CN¥94.8M).
Debt to Equity History and Analysis
Debt Level: 1080's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 1080'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: 1080 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1080 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 56.9% each year.