Yuan Heng Gas Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Yuan Heng Gas Holdings has a total shareholder equity of CN¥1.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are CN¥3.5B and CN¥2.0B respectively. Yuan Heng Gas Holdings's EBIT is CN¥77.4M making its interest coverage ratio 1. It has cash and short-term investments of CN¥24.2M.
Key information
82.8%
Debt to equity ratio
CN¥1.25b
Debt
Interest coverage ratio | 1x |
Cash | CN¥24.16m |
Equity | CN¥1.51b |
Total liabilities | CN¥1.99b |
Total assets | CN¥3.51b |
Recent financial health updates
Here's Why Yuan Heng Gas Holdings (HKG:332) Is Weighed Down By Its Debt Load
Jan 24Is Yuan Heng Gas Holdings (HKG:332) Using Too Much Debt?
Jan 04We Think Yuan Heng Gas Holdings (HKG:332) Is Taking Some Risk With Its Debt
Aug 02Does Yuan Heng Gas Holdings (HKG:332) Have A Healthy Balance Sheet?
Jan 06Recent updates
Here's Why Yuan Heng Gas Holdings (HKG:332) Is Weighed Down By Its Debt Load
Jan 24Slowing Rates Of Return At Yuan Heng Gas Holdings (HKG:332) Leave Little Room For Excitement
Oct 25Yuan Heng Gas Holdings (HKG:332) Shareholders Will Want The ROCE Trajectory To Continue
Jun 16Returns At Yuan Heng Gas Holdings (HKG:332) Are On The Way Up
Feb 16Is Yuan Heng Gas Holdings (HKG:332) Using Too Much Debt?
Jan 04Shareholders Will Probably Hold Off On Increasing Yuan Heng Gas Holdings Limited's (HKG:332) CEO Compensation For The Time Being
Sep 19Calculating The Fair Value Of Yuan Heng Gas Holdings Limited (HKG:332)
Nov 18Shareholders May Be Wary Of Increasing Yuan Heng Gas Holdings Limited's (HKG:332) CEO Compensation Package
Sep 13We Think Yuan Heng Gas Holdings (HKG:332) Is Taking Some Risk With Its Debt
Aug 02Returns Are Gaining Momentum At Yuan Heng Gas Holdings (HKG:332)
Jun 30Calculating The Intrinsic Value Of Yuan Heng Gas Holdings Limited (HKG:332)
May 25Returns On Capital Are Showing Encouraging Signs At Yuan Heng Gas Holdings (HKG:332)
Mar 29Insider Buying: The Yuan Heng Gas Holdings Limited (HKG:332) Chairman & CEO Just Bought 2.3% More Shares
Mar 05Calculating The Fair Value Of Yuan Heng Gas Holdings Limited (HKG:332)
Feb 17Should You Take Comfort From Insider Transactions At Yuan Heng Gas Holdings Limited (HKG:332)?
Jan 27Does Yuan Heng Gas Holdings (HKG:332) Have A Healthy Balance Sheet?
Jan 06Is Yuan Heng Gas Holdings Limited's (HKG:332) Shareholder Ownership Skewed Towards Insiders?
Dec 16Can Yuan Heng Gas Holdings (HKG:332) Continue To Grow Its Returns On Capital?
Dec 01Financial Position Analysis
Short Term Liabilities: 332's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 332's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥11.8M).
Debt to Equity History and Analysis
Debt Level: 332's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: 332's debt to equity ratio has increased from 74.9% to 82.8% over the past 5 years.
Debt Coverage: 332's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 332's interest payments on its debt are not well covered by EBIT (1x coverage).