Henan Jinyuan Hydrogenated Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Henan Jinyuan Hydrogenated Chemicals has a total shareholder equity of CN¥1.1B and total debt of CN¥258.8M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥1.7B and CN¥535.9M respectively. Henan Jinyuan Hydrogenated Chemicals's EBIT is CN¥94.8M making its interest coverage ratio 109.4. It has cash and short-term investments of CN¥300.7M.
Key information
23.0%
Debt to equity ratio
CN¥258.76m
Debt
Interest coverage ratio | 109.4x |
Cash | CN¥300.71m |
Equity | CN¥1.13b |
Total liabilities | CN¥535.95m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2502's short term assets (CN¥551.8M) exceed its short term liabilities (CN¥382.6M).
Long Term Liabilities: 2502's short term assets (CN¥551.8M) exceed its long term liabilities (CN¥153.4M).
Debt to Equity History and Analysis
Debt Level: 2502 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2502's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2502's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 2502's interest payments on its debt are well covered by EBIT (109.4x coverage).