Sany Renewable EnergyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sany Renewable EnergyLtd has a total shareholder equity of CN¥12.6B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥37.1B and CN¥24.5B respectively. Sany Renewable EnergyLtd's EBIT is CN¥164.7M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥8.7B.
Key information
35.9%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥8.65b |
| Equity | CN¥12.58b |
| Total liabilities | CN¥24.52b |
| Total assets | CN¥37.10b |
Recent financial health updates
Is Sany Renewable EnergyLtd (SHSE:688349) A Risky Investment?
Oct 07
Is Sany Renewable EnergyLtd (SHSE:688349) Weighed On By Its Debt Load?
Jun 27Is Sany Renewable EnergyLtd (SHSE:688349) Using Too Much Debt?
Mar 25Recent updates
There Are Some Holes In Sany Renewable EnergyLtd's (SHSE:688349) Solid Earnings Release
Nov 06Even With A 39% Surge, Cautious Investors Are Not Rewarding Sany Renewable Energy Co.,Ltd.'s (SHSE:688349) Performance Completely
Oct 26Is Sany Renewable EnergyLtd (SHSE:688349) A Risky Investment?
Oct 07Investors Continue Waiting On Sidelines For Sany Renewable Energy Co.,Ltd. (SHSE:688349)
Sep 09Is Sany Renewable EnergyLtd (SHSE:688349) Weighed On By Its Debt Load?
Jun 27Is Sany Renewable EnergyLtd (SHSE:688349) Using Too Much Debt?
Mar 25Financial Position Analysis
Short Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its short term liabilities (CN¥20.4B).
Long Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 688349 has more cash than its total debt.
Reducing Debt: 688349's debt to equity ratio has increased from 3% to 35.9% over the past 5 years.
Debt Coverage: 688349's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688349 earns more interest than it pays, so coverage of interest payments is not a concern.