Zhonghua Gas Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Zhonghua Gas Holdings has a total shareholder equity of CN¥147.1M and total debt of CN¥86.5M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are CN¥365.5M and CN¥218.4M respectively.
Key information
58.8%
Debt to equity ratio
CN¥86.48m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥58.82m |
| Equity | CN¥147.08m |
| Total liabilities | CN¥218.43m |
| Total assets | CN¥365.51m |
Recent financial health updates
Does Zhonghua Gas Holdings (HKG:8246) Have A Healthy Balance Sheet?
Apr 28
Is Zhonghua Gas Holdings (HKG:8246) Using Too Much Debt?
Apr 29Recent updates
Zhonghua Gas Holdings Limited's (HKG:8246) Shares Climb 33% But Its Business Is Yet to Catch Up
Feb 19Zhonghua Gas Holdings (HKG:8246) Knows How To Allocate Capital Effectively
Sep 14Does Zhonghua Gas Holdings (HKG:8246) Have A Healthy Balance Sheet?
Apr 28It Looks Like Zhonghua Gas Holdings Limited's (HKG:8246) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 16Is Zhonghua Gas Holdings (HKG:8246) Using Too Much Debt?
Apr 29Zhonghua Gas Holdings'(HKG:8246) Share Price Is Down 47% Over The Past Five Years.
Feb 17What Kind Of Investors Own Most Of Zhonghua Gas Holdings Limited (HKG:8246)?
Jan 12
Have Insiders Been Buying Zhonghua Gas Holdings Limited (HKG:8246) Shares This Year?
Dec 08Financial Position Analysis
Short Term Liabilities: 8246's short term assets (CN¥352.3M) exceed its short term liabilities (CN¥215.9M).
Long Term Liabilities: 8246's short term assets (CN¥352.3M) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 8246's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 8246's debt to equity ratio has increased from 0% to 58.8% 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: 8246 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8246 has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 2.3% each year.