China Western Power Industrial Balance Sheet Health
Financial Health criteria checks 3/6
China Western Power Industrial has a total shareholder equity of CN¥746.6M and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 653.5%. Its total assets and total liabilities are CN¥8.8B and CN¥8.1B respectively. China Western Power Industrial's EBIT is CN¥184.6M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥209.4M.
Key information
653.5%
Debt to equity ratio
CN¥4.88b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥209.41m |
| Equity | CN¥746.57m |
| Total liabilities | CN¥8.06b |
| Total assets | CN¥8.80b |
Financial Position Analysis
Short Term Liabilities: 002630's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002630's short term assets (CN¥3.4B) do not cover its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 002630's net debt to equity ratio (625.4%) is considered high.
Reducing Debt: 002630's debt to equity ratio has increased from 134.8% to 653.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002630 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002630 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 35.5% each year.