Xi'an Shaangu Power Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an Shaangu Power has a total shareholder equity of CN¥9.6B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥27.0B and CN¥17.4B respectively. Xi'an Shaangu Power's EBIT is CN¥872.3M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥13.7B.
Key information
56.9%
Debt to equity ratio
CN¥5.48b
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥13.72b |
Equity | CN¥9.63b |
Total liabilities | CN¥17.35b |
Total assets | CN¥26.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601369's short term assets (CN¥22.5B) exceed its short term liabilities (CN¥16.0B).
Long Term Liabilities: 601369's short term assets (CN¥22.5B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601369 has more cash than its total debt.
Reducing Debt: 601369's debt to equity ratio has increased from 19.4% to 56.9% over the past 5 years.
Debt Coverage: 601369's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 601369 earns more interest than it pays, so coverage of interest payments is not a concern.