Dongfang Electric Balance Sheet Health
Financial Health criteria checks 4/6
Dongfang Electric has a total shareholder equity of CN¥42.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥138.7B and CN¥96.2B respectively. Dongfang Electric's EBIT is CN¥2.3B making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥15.8B.
Key information
7.0%
Debt to equity ratio
CN¥2.97b
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥15.79b |
| Equity | CN¥42.54b |
| Total liabilities | CN¥96.19b |
| Total assets | CN¥138.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600875's short term assets (CN¥83.2B) do not cover its short term liabilities (CN¥86.2B).
Long Term Liabilities: 600875's short term assets (CN¥83.2B) exceed its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 600875 has more cash than its total debt.
Reducing Debt: 600875's debt to equity ratio has increased from 1.5% to 7% over the past 5 years.
Debt Coverage: 600875's debt is well covered by operating cash flow (188.8%).
Interest Coverage: 600875 earns more interest than it pays, so coverage of interest payments is not a concern.