China Graphite Group Balance Sheet Health
Financial Health criteria checks 5/6
China Graphite Group has a total shareholder equity of CN¥448.8M and total debt of CN¥66.4M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CN¥575.6M and CN¥126.8M respectively. China Graphite Group's EBIT is CN¥21.1M making its interest coverage ratio -22.8. It has cash and short-term investments of CN¥112.1M.
Key information
14.8%
Debt to equity ratio
CN¥66.43m
Debt
| Interest coverage ratio | -22.8x |
| Cash | CN¥112.12m |
| Equity | CN¥448.81m |
| Total liabilities | CN¥126.82m |
| Total assets | CN¥575.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2237's short term assets (CN¥343.0M) exceed its short term liabilities (CN¥117.9M).
Long Term Liabilities: 2237's short term assets (CN¥343.0M) exceed its long term liabilities (CN¥8.9M).
Debt to Equity History and Analysis
Debt Level: 2237 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2237's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2237's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 2237 earns more interest than it pays, so coverage of interest payments is not a concern.