Dongfang Electric Balance Sheet Health
Financial Health criteria checks 4/6
Dongfang Electric has a total shareholder equity of CN¥41.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥121.1B and CN¥79.9B respectively. Dongfang Electric's EBIT is CN¥2.0B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥18.0B.
Key information
4.1%
Debt to equity ratio
CN¥1.69b
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥18.00b |
Equity | CN¥41.22b |
Total liabilities | CN¥79.89b |
Total assets | CN¥121.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600875's short term assets (CN¥75.7B) exceed its short term liabilities (CN¥71.2B).
Long Term Liabilities: 600875's short term assets (CN¥75.7B) exceed its long term liabilities (CN¥8.6B).
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 2.4% to 4.1% over the past 5 years.
Debt Coverage: 600875's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600875 earns more interest than it pays, so coverage of interest payments is not a concern.