Oriental Energy Balance Sheet Health
Financial Health criteria checks 1/6
Oriental Energy has a total shareholder equity of CN¥12.7B and total debt of CN¥18.5B, which brings its debt-to-equity ratio to 145.9%. Its total assets and total liabilities are CN¥41.5B and CN¥28.9B respectively. Oriental Energy's EBIT is CN¥1.3B making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥7.5B.
Key information
145.9%
Debt to equity ratio
CN¥18.47b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥7.54b |
| Equity | CN¥12.66b |
| Total liabilities | CN¥28.86b |
| Total assets | CN¥41.52b |
Recent financial health updates
Does Oriental Energy (SZSE:002221) Have A Healthy Balance Sheet?
Dec 01
Oriental Energy (SZSE:002221) Takes On Some Risk With Its Use Of Debt
Jul 18Recent updates
Does Oriental Energy (SZSE:002221) Have A Healthy Balance Sheet?
Dec 01Investors Could Be Concerned With Oriental Energy's (SZSE:002221) Returns On Capital
Sep 30Insufficient Growth At Oriental Energy Co., Ltd. (SZSE:002221) Hampers Share Price
Sep 10Oriental Energy (SZSE:002221) Takes On Some Risk With Its Use Of Debt
Jul 18Oriental Energy (SZSE:002221) Is Reinvesting At Lower Rates Of Return
Jun 26Oriental Energy Co., Ltd. (SZSE:002221) Doing What It Can To Lift Shares
Mar 22Oriental Energy's (SZSE:002221) Returns On Capital Not Reflecting Well On The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 002221's short term assets (CN¥18.4B) do not cover its short term liabilities (CN¥18.5B).
Long Term Liabilities: 002221's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥10.4B).
Debt to Equity History and Analysis
Debt Level: 002221's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: 002221's debt to equity ratio has increased from 138.8% to 145.9% over the past 5 years.
Debt Coverage: 002221's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 002221's interest payments on its debt are not well covered by EBIT (2.1x coverage).