China Shuifa Singyes Energy Holdings Balance Sheet Health
Financial Health criteria checks 2/6
China Shuifa Singyes Energy Holdings has a total shareholder equity of CN¥4.8B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 231.2%. Its total assets and total liabilities are CN¥20.7B and CN¥15.9B respectively. China Shuifa Singyes Energy Holdings's EBIT is CN¥464.0M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥220.1M.
Key information
231.2%
Debt to equity ratio
CN¥11.15b
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥220.12m |
| Equity | CN¥4.82b |
| Total liabilities | CN¥15.87b |
| Total assets | CN¥20.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSSX.F's short term assets (CN¥12.1B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: CSSX.F's short term assets (CN¥12.1B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: CSSX.F's net debt to equity ratio (226.6%) is considered high.
Reducing Debt: CSSX.F's debt to equity ratio has increased from 186.7% to 231.2% over the past 5 years.
Debt Coverage: CSSX.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSSX.F's interest payments on its debt are not well covered by EBIT (0.9x coverage).