Henan Dayou Energy Balance Sheet Health
Financial Health criteria checks 2/6
Henan Dayou Energy has a total shareholder equity of CN¥7.2B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are CN¥20.8B and CN¥13.7B respectively.
Key information
82.1%
Debt to equity ratio
CN¥5.88b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.20b |
| Equity | CN¥7.16b |
| Total liabilities | CN¥13.68b |
| Total assets | CN¥20.84b |
Financial Position Analysis
Short Term Liabilities: 600403's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥11.7B).
Long Term Liabilities: 600403's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 600403's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 600403's debt to equity ratio has increased from 33.1% to 82.1% over the past 5 years.
Debt Coverage: 600403's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: Insufficient data to determine if 600403's interest payments on its debt are well covered by EBIT.