Henan Senyuan Electric Balance Sheet Health
Financial Health criteria checks 2/6
Henan Senyuan Electric has a total shareholder equity of CN¥3.2B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are CN¥6.3B and CN¥3.1B respectively. Henan Senyuan Electric's EBIT is CN¥229.6M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥91.3M.
Key information
67.4%
Debt to equity ratio
CN¥2.16b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥91.30m |
Equity | CN¥3.21b |
Total liabilities | CN¥3.09b |
Total assets | CN¥6.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002358's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002358's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥39.5M).
Debt to Equity History and Analysis
Debt Level: 002358's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: 002358's debt to equity ratio has increased from 54.1% to 67.4% over the past 5 years.
Debt Coverage: 002358's debt is not well covered by operating cash flow (7%).
Interest Coverage: 002358's interest payments on its debt are not well covered by EBIT (2.1x coverage).