Ceepower Balance Sheet Health
Financial Health criteria checks 5/6
Ceepower has a total shareholder equity of CN¥1.3B and total debt of CN¥680.7M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are CN¥3.0B and CN¥1.7B respectively. Ceepower's EBIT is CN¥73.7M making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥622.8M.
Key information
50.7%
Debt to equity ratio
CN¥680.73m
Debt
Interest coverage ratio | 9.1x |
Cash | CN¥622.77m |
Equity | CN¥1.34b |
Total liabilities | CN¥1.69b |
Total assets | CN¥3.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300062's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300062's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥549.1M).
Debt to Equity History and Analysis
Debt Level: 300062's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 300062's debt to equity ratio has reduced from 77.8% to 50.7% over the past 5 years.
Debt Coverage: 300062's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 300062's interest payments on its debt are well covered by EBIT (9.1x coverage).