China Southern Power Grid TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
China Southern Power Grid TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. China Southern Power Grid TechnologyLtd's EBIT is CN¥392.2M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥2.19b |
| Equity | CN¥3.01b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688248's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688248's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥172.8M).
Debt to Equity History and Analysis
Debt Level: 688248 is debt free.
Reducing Debt: 688248 has no debt compared to 5 years ago when its debt to equity ratio was 3.1%.
Debt Coverage: 688248 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688248 has no debt, therefore coverage of interest payments is not a concern.