China Nuclear Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China Nuclear Engineering has a total shareholder equity of CN¥38.8B and total debt of CN¥76.5B, which brings its debt-to-equity ratio to 197.2%. Its total assets and total liabilities are CN¥219.1B and CN¥180.3B respectively. China Nuclear Engineering's EBIT is CN¥6.6B making its interest coverage ratio -14.4. It has cash and short-term investments of CN¥14.8B.
Key information
197.2%
Debt to equity ratio
CN¥76.52b
Debt
Interest coverage ratio | -14.4x |
Cash | CN¥14.82b |
Equity | CN¥38.80b |
Total liabilities | CN¥180.31b |
Total assets | CN¥219.11b |
Financial Position Analysis
Short Term Liabilities: 601611's short term assets (CN¥149.3B) exceed its short term liabilities (CN¥134.1B).
Long Term Liabilities: 601611's short term assets (CN¥149.3B) exceed its long term liabilities (CN¥46.2B).
Debt to Equity History and Analysis
Debt Level: 601611's net debt to equity ratio (159%) is considered high.
Reducing Debt: 601611's debt to equity ratio has increased from 166.3% to 197.2% over the past 5 years.
Debt Coverage: 601611's debt is not well covered by operating cash flow (1%).
Interest Coverage: 601611 earns more interest than it pays, so coverage of interest payments is not a concern.