Yanchang Petroleum International Balance Sheet Health
Financial Health criteria checks 2/6
Yanchang Petroleum International has a total shareholder equity of HK$1.3B and total debt of HK$850.9M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are HK$3.7B and HK$2.3B respectively.
Key information
63.1%
Debt to equity ratio
HK$850.95m
Debt
Interest coverage ratio | n/a |
Cash | HK$226.19m |
Equity | HK$1.35b |
Total liabilities | HK$2.34b |
Total assets | HK$3.68b |
Recent financial health updates
Is Yanchang Petroleum International (HKG:346) Using Too Much Debt?
Mar 31Is Yanchang Petroleum International (HKG:346) Using Too Much Debt?
Dec 15Would Yanchang Petroleum International (HKG:346) Be Better Off With Less Debt?
May 10Recent updates
There's Been No Shortage Of Growth Recently For Yanchang Petroleum International's (HKG:346) Returns On Capital
Aug 15Yanchang Petroleum International (HKG:346) Is Posting Solid Earnings, But It Is Not All Good News
Apr 27Is Yanchang Petroleum International (HKG:346) Using Too Much Debt?
Mar 31The Return Trends At Yanchang Petroleum International (HKG:346) Look Promising
Feb 07Is Yanchang Petroleum International (HKG:346) Using Too Much Debt?
Dec 15Yanchang Petroleum International (HKG:346) Might Have The Makings Of A Multi-Bagger
Nov 03Would Yanchang Petroleum International (HKG:346) Be Better Off With Less Debt?
May 10Introducing Yanchang Petroleum International (HKG:346), The Stock That Zoomed 133% In The Last Year
Mar 18If You Had Bought Yanchang Petroleum International's (HKG:346) Shares Five Years Ago You Would Be Down 81%
Dec 03Financial Position Analysis
Short Term Liabilities: 346's short term assets (HK$1.6B) do not cover its short term liabilities (HK$2.1B).
Long Term Liabilities: 346's short term assets (HK$1.6B) exceed its long term liabilities (HK$268.9M).
Debt to Equity History and Analysis
Debt Level: 346's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: 346's debt to equity ratio has increased from 60.5% to 63.1% over the past 5 years.
Debt Coverage: 346's debt is well covered by operating cash flow (47.8%).
Interest Coverage: Insufficient data to determine if 346's interest payments on its debt are well covered by EBIT.