West China Cement Balance Sheet Health
Financial Health criteria checks 2/6
West China Cement has a total shareholder equity of CN¥14.8B and total debt of CN¥12.9B, which brings its debt-to-equity ratio to 87.1%. Its total assets and total liabilities are CN¥36.0B and CN¥21.2B respectively. West China Cement's EBIT is CN¥1.1B making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥1.0B.
Key information
87.1%
Debt to equity ratio
CN¥12.89b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥1.01b |
| Equity | CN¥14.79b |
| Total liabilities | CN¥21.16b |
| Total assets | CN¥35.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCHN.F's short term assets (CN¥9.4B) do not cover its short term liabilities (CN¥11.5B).
Long Term Liabilities: WCHN.F's short term assets (CN¥9.4B) do not cover its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: WCHN.F's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: WCHN.F's debt to equity ratio has increased from 33.3% to 87.1% over the past 5 years.
Debt Coverage: WCHN.F's debt is well covered by operating cash flow (22.8%).
Interest Coverage: WCHN.F's interest payments on its debt are well covered by EBIT (6.3x coverage).