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¥400.4M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CN¥2.0B and CN¥770.8M respectively. Beijing Jingneng Thermal's EBIT is CN¥104.9M making its interest coverage ratio 9.2. It has cash and short-term investments of CN¥411.2M.
Key information
32.1%
Debt to equity ratio
CN¥400.40m
Debt
| Interest coverage ratio | 9.2x |
| Cash | CN¥411.24m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥770.76m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002893's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥559.6M).
Long Term Liabilities: 002893's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥211.2M).
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 91.2% to 32.1% over the past 5 years.
Debt Coverage: 002893's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 002893's interest payments on its debt are well covered by EBIT (9.2x coverage).