Huaibei GreenGold Industry Investment Balance Sheet Health
Financial Health criteria checks 1/6
Huaibei GreenGold Industry Investment has a total shareholder equity of CN¥666.3M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are CN¥2.4B and CN¥1.7B respectively. Huaibei GreenGold Industry Investment's EBIT is CN¥130.9M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥342.6M.
Key information
151.2%
Debt to equity ratio
CN¥1.01b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥342.58m |
Equity | CN¥666.35m |
Total liabilities | CN¥1.72b |
Total assets | CN¥2.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2450's short term assets (CN¥400.0M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 2450's short term assets (CN¥400.0M) do not cover its long term liabilities (CN¥544.6M).
Debt to Equity History and Analysis
Debt Level: 2450's net debt to equity ratio (99.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2450's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2450's debt is well covered by operating cash flow (22.8%).
Interest Coverage: 2450's interest payments on its debt are not well covered by EBIT (2.1x coverage).