Henan Dayou Energy Balance Sheet Health
Financial Health criteria checks 2/6
Henan Dayou Energy has a total shareholder equity of CN¥6.7B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are CN¥21.7B and CN¥14.9B respectively.
Key information
82.8%
Debt to equity ratio
CN¥5.58b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.00b |
| Equity | CN¥6.74b |
| Total liabilities | CN¥14.92b |
| Total assets | CN¥21.66b |
Recent financial health updates
Does Henan Dayou Energy (SHSE:600403) Have A Healthy Balance Sheet?
Aug 20
We Think Henan Dayou Energy (SHSE:600403) Is Taking Some Risk With Its Debt
Feb 27Recent updates
Henan Dayou Energy Co., Ltd's (SHSE:600403) Business Is Trailing The Industry But Its Shares Aren't
Sep 25Does Henan Dayou Energy (SHSE:600403) Have A Healthy Balance Sheet?
Aug 20Henan Dayou Energy Co., Ltd's (SHSE:600403) Share Price Not Quite Adding Up
Jun 03These Return Metrics Don't Make Henan Dayou Energy (SHSE:600403) Look Too Strong
Mar 28We Think Henan Dayou Energy (SHSE:600403) Is Taking Some Risk With Its Debt
Feb 27Financial Position Analysis
Short Term Liabilities: 600403's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥11.3B).
Long Term Liabilities: 600403's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 600403's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 600403's debt to equity ratio has increased from 36% to 82.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 600403 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600403 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.