Beijing Jingneng Thermal Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Jingneng Thermal has a total shareholder equity of CN¥1.2B and total debt of CN¥402.9M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥2.1B and CN¥881.6M respectively. Beijing Jingneng Thermal's EBIT is CN¥108.1M making its interest coverage ratio 11.4. It has cash and short-term investments of CN¥529.6M.
Key information
34.5%
Debt to equity ratio
CN¥402.92m
Debt
| Interest coverage ratio | 11.4x |
| Cash | CN¥529.57m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥881.62m |
| Total assets | CN¥2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002893's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥680.3M).
Long Term Liabilities: 002893's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥201.3M).
Debt to Equity History and Analysis
Debt Level: 002893 has more cash than its total debt.
Reducing Debt: 002893's debt to equity ratio has reduced from 97.7% to 34.5% over the past 5 years.
Debt Coverage: 002893's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 002893's interest payments on its debt are well covered by EBIT (11.4x coverage).