Yunnan Energy Investment Balance Sheet Health
Financial Health criteria checks 2/6
Yunnan Energy Investment has a total shareholder equity of CN¥8.4B and total debt of CN¥7.7B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are CN¥18.0B and CN¥9.6B respectively. Yunnan Energy Investment's EBIT is CN¥719.6M making its interest coverage ratio 16.4. It has cash and short-term investments of CN¥2.4B.
Key information
92.3%
Debt to equity ratio
CN¥7.71b
Debt
| Interest coverage ratio | 16.4x |
| Cash | CN¥2.44b |
| Equity | CN¥8.36b |
| Total liabilities | CN¥9.62b |
| Total assets | CN¥17.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002053's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002053's short term assets (CN¥4.5B) do not cover its long term liabilities (CN¥7.0B).
Debt to Equity History and Analysis
Debt Level: 002053's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 002053's debt to equity ratio has increased from 66.2% to 92.3% over the past 5 years.
Debt Coverage: 002053's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 002053's interest payments on its debt are well covered by EBIT (16.4x coverage).