Henan Pinggao ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Henan Pinggao ElectricLtd has a total shareholder equity of CN¥10.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥21.5B and CN¥10.6B respectively. Henan Pinggao ElectricLtd's EBIT is CN¥1.3B making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥5.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥5.28b |
| Equity | CN¥10.88b |
| Total liabilities | CN¥10.60b |
| Total assets | CN¥21.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600312's short term assets (CN¥16.1B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 600312's short term assets (CN¥16.1B) exceed its long term liabilities (CN¥201.4M).
Debt to Equity History and Analysis
Debt Level: 600312 is debt free.
Reducing Debt: 600312 has no debt compared to 5 years ago when its debt to equity ratio was 34.2%.
Debt Coverage: 600312 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600312 has no debt, therefore coverage of interest payments is not a concern.