EVE Energy Balance Sheet Health
Financial Health criteria checks 5/6
EVE Energy has a total shareholder equity of CN¥39.1B and total debt of CN¥24.0B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are CN¥96.2B and CN¥57.2B respectively. EVE Energy's EBIT is CN¥1.8B making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥13.2B.
Key information
61.6%
Debt to equity ratio
CN¥24.05b
Debt
Interest coverage ratio | -8.4x |
Cash | CN¥13.19b |
Equity | CN¥39.07b |
Total liabilities | CN¥57.17b |
Total assets | CN¥96.23b |
Recent financial health updates
No updates
Recent updates
EVE Energy's (SZSE:300014) Anemic Earnings Might Be Worse Than You Think
May 01EVE Energy Co., Ltd. Just Missed Revenue By 39%: Here's What Analysts Think Will Happen Next
Apr 26EVE Energy Co., Ltd. (SZSE:300014) Analysts Are More Bearish Than They Used To Be
Apr 20Should You Investigate EVE Energy Co., Ltd. (SZSE:300014) At CN¥36.51?
Apr 18Returns Are Gaining Momentum At EVE Energy (SZSE:300014)
Feb 28Financial Position Analysis
Short Term Liabilities: 300014's short term assets (CN¥38.4B) exceed its short term liabilities (CN¥36.8B).
Long Term Liabilities: 300014's short term assets (CN¥38.4B) exceed its long term liabilities (CN¥20.4B).
Debt to Equity History and Analysis
Debt Level: 300014's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 300014's debt to equity ratio has increased from 49.7% to 61.6% over the past 5 years.
Debt Coverage: 300014's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 300014 earns more interest than it pays, so coverage of interest payments is not a concern.