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¥7.9B, which brings its debt-to-equity ratio to 94.2%. Its total assets and total liabilities are CN¥18.4B and CN¥10.0B respectively. Yunnan Energy Investment's EBIT is CN¥787.1M making its interest coverage ratio 10. It has cash and short-term investments of CN¥2.3B.
Key information
94.2%
Debt to equity ratio
CN¥7.92b
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥2.28b |
| Equity | CN¥8.41b |
| Total liabilities | CN¥9.98b |
| Total assets | CN¥18.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002053's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002053's short term assets (CN¥4.4B) do not cover its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 002053's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: 002053's debt to equity ratio has increased from 67.5% to 94.2% over the past 5 years.
Debt Coverage: 002053's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 002053's interest payments on its debt are well covered by EBIT (10x coverage).