China Southern Power Grid TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
China Southern Power Grid TechnologyLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.4B and CN¥1.6B respectively. China Southern Power Grid TechnologyLtd's EBIT is CN¥278.4M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥2.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -7.9x |
Cash | CN¥2.27b |
Equity | CN¥2.86b |
Total liabilities | CN¥1.58b |
Total assets | CN¥4.44b |
Recent financial health updates
Recent updates
China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Intrinsic Value Is Potentially 31% Above Its Share Price
Aug 14China Southern Power Grid TechnologyLtd's (SHSE:688248) Solid Earnings Have Been Accounted For Conservatively
Apr 05The Consensus EPS Estimates For China Southern Power Grid Technology Co.,Ltd (SHSE:688248) Just Fell Dramatically
Apr 03China Southern Power Grid Technology Co.,Ltd Recorded A 38% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 02China Southern Power Grid TechnologyLtd (SHSE:688248) Could Easily Take On More Debt
Mar 28Investors Appear Satisfied With China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Prospects As Shares Rocket 26%
Feb 29Financial Position Analysis
Short Term Liabilities: 688248's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688248's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥151.9M).
Debt to Equity History and Analysis
Debt Level: 688248 is debt free.
Reducing Debt: 688248 has no debt compared to 5 years ago when its debt to equity ratio was 16.6%.
Debt Coverage: 688248 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688248 has no debt, therefore coverage of interest payments is not a concern.