Huzhou Gas Balance Sheet Health
Financial Health criteria checks 5/6
Huzhou Gas has a total shareholder equity of CN¥1.3B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥2.2B and CN¥923.9M respectively. Huzhou Gas's EBIT is CN¥172.8M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥857.6M.
Key information
1.6%
Debt to equity ratio
CN¥20.01m
Debt
Interest coverage ratio | -5.9x |
Cash | CN¥857.58m |
Equity | CN¥1.28b |
Total liabilities | CN¥923.88m |
Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6661's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥650.8M).
Long Term Liabilities: 6661's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥273.1M).
Debt to Equity History and Analysis
Debt Level: 6661 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6661's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6661's debt is well covered by operating cash flow (1561.8%).
Interest Coverage: 6661 earns more interest than it pays, so coverage of interest payments is not a concern.