China BlueChemical Balance Sheet Health
Financial Health criteria checks 6/6
China BlueChemical has a total shareholder equity of CN¥17.1B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥22.0B and CN¥4.9B respectively. China BlueChemical's EBIT is CN¥2.0B making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥11.8B.
Key information
9.4%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥11.79b |
| Equity | CN¥17.09b |
| Total liabilities | CN¥4.94b |
| Total assets | CN¥22.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBLU.Y's short term assets (CN¥13.9B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: CBLU.Y's short term assets (CN¥13.9B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: CBLU.Y has more cash than its total debt.
Reducing Debt: CBLU.Y's debt to equity ratio has reduced from 11.2% to 9.4% over the past 5 years.
Debt Coverage: CBLU.Y's debt is well covered by operating cash flow (159.1%).
Interest Coverage: CBLU.Y earns more interest than it pays, so coverage of interest payments is not a concern.