Beijing Jingneng Thermal Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Jingneng Thermal has a total shareholder equity of CN¥1.3B and total debt of CN¥404.9M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥2.1B and CN¥804.9M respectively. Beijing Jingneng Thermal's EBIT is CN¥112.2M making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥424.3M.
Key information
30.8%
Debt to equity ratio
CN¥404.87m
Debt
Interest coverage ratio | 8.2x |
Cash | CN¥424.27m |
Equity | CN¥1.32b |
Total liabilities | CN¥804.93m |
Total assets | CN¥2.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002893's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥595.4M).
Long Term Liabilities: 002893's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥209.5M).
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 58.6% to 30.8% over the past 5 years.
Debt Coverage: 002893's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 002893's interest payments on its debt are well covered by EBIT (8.2x coverage).