Oriental Energy Balance Sheet Health
Financial Health criteria checks 3/6
Oriental Energy has a total shareholder equity of CN¥12.7B and total debt of CN¥21.8B, which brings its debt-to-equity ratio to 171%. Its total assets and total liabilities are CN¥42.3B and CN¥29.5B respectively. Oriental Energy's EBIT is CN¥1.1B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥6.8B.
Key information
171.0%
Debt to equity ratio
CN¥21.76b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥6.75b |
| Equity | CN¥12.72b |
| Total liabilities | CN¥29.55b |
| Total assets | CN¥42.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002221's short term assets (CN¥18.2B) exceed its short term liabilities (CN¥17.6B).
Long Term Liabilities: 002221's short term assets (CN¥18.2B) exceed its long term liabilities (CN¥11.9B).
Debt to Equity History and Analysis
Debt Level: 002221's net debt to equity ratio (117.9%) is considered high.
Reducing Debt: 002221's debt to equity ratio has reduced from 175% to 171% over the past 5 years.
Debt Coverage: 002221's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 002221's interest payments on its debt are not well covered by EBIT (1.6x coverage).