State Grid YingdaLtd Balance Sheet Health
Financial Health criteria checks 6/6
State Grid YingdaLtd has a total shareholder equity of CN¥25.3B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are CN¥45.1B and CN¥19.7B respectively. State Grid YingdaLtd's EBIT is CN¥2.8B making its interest coverage ratio -94.1. It has cash and short-term investments of CN¥25.4B.
Key information
23.7%
Debt to equity ratio
CN¥6.01b
Debt
| Interest coverage ratio | -94.1x |
| Cash | CN¥25.41b |
| Equity | CN¥25.34b |
| Total liabilities | CN¥19.73b |
| Total assets | CN¥45.07b |
Recent financial health updates
These 4 Measures Indicate That State Grid YingdaLtd (SHSE:600517) Is Using Debt Safely
Sep 20
Is State Grid YingdaLtd (SHSE:600517) Using Too Much Debt?
Jun 21Recent updates
State Grid Yingda Co.,Ltd. (SHSE:600517) Held Back By Insufficient Growth Even After Shares Climb 29%
Oct 01These 4 Measures Indicate That State Grid YingdaLtd (SHSE:600517) Is Using Debt Safely
Sep 20Slowing Rates Of Return At State Grid YingdaLtd (SHSE:600517) Leave Little Room For Excitement
Aug 08Insufficient Growth At State Grid Yingda Co.,Ltd. (SHSE:600517) Hampers Share Price
Jul 17Is State Grid YingdaLtd (SHSE:600517) Using Too Much Debt?
Jun 21Some Investors May Be Willing To Look Past State Grid YingdaLtd's (SHSE:600517) Soft Earnings
May 06The Return Trends At State Grid YingdaLtd (SHSE:600517) Look Promising
Apr 18State Grid Yingda Co.,Ltd.'s (SHSE:600517) Business And Shares Still Trailing The Market
Mar 22Financial Position Analysis
Short Term Liabilities: 600517's short term assets (CN¥37.7B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 600517's short term assets (CN¥37.7B) exceed its long term liabilities (CN¥567.4M).
Debt to Equity History and Analysis
Debt Level: 600517 has more cash than its total debt.
Reducing Debt: 600517's debt to equity ratio has reduced from 39.1% to 23.7% over the past 5 years.
Debt Coverage: 600517's debt is well covered by operating cash flow (90.1%).
Interest Coverage: 600517 earns more interest than it pays, so coverage of interest payments is not a concern.