LIAONING ENERGY INDUSTRYLTD Balance Sheet Health
Financial Health criteria checks 3/6
LIAONING ENERGY INDUSTRYLTD has a total shareholder equity of CN¥5.4B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are CN¥13.3B and CN¥7.9B respectively. LIAONING ENERGY INDUSTRYLTD's EBIT is CN¥325.1M making its interest coverage ratio 2. It has cash and short-term investments of CN¥2.4B.
Key information
72.0%
Debt to equity ratio
CN¥3.91b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥2.41b |
| Equity | CN¥5.43b |
| Total liabilities | CN¥7.85b |
| Total assets | CN¥13.28b |
Recent financial health updates
Is LIAONING ENERGY INDUSTRYLTD (SHSE:600758) A Risky Investment?
Sep 27
We Think LIAONING ENERGY INDUSTRYLTD (SHSE:600758) Is Taking Some Risk With Its Debt
Feb 26Recent updates
LIAONING ENERGY INDUSTRYLTD's (SHSE:600758) Soft Earnings Are Actually Better Than They Appear
Nov 06Is LIAONING ENERGY INDUSTRYLTD (SHSE:600758) A Risky Investment?
Sep 27There's Reason For Concern Over LIAONING ENERGY INDUSTRY Co.,LTD's (SHSE:600758) Price
Jun 04We Think LIAONING ENERGY INDUSTRYLTD (SHSE:600758) Is Taking Some Risk With Its Debt
Feb 26Financial Position Analysis
Short Term Liabilities: 600758's short term assets (CN¥4.3B) do not cover its short term liabilities (CN¥6.6B).
Long Term Liabilities: 600758's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600758's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: 600758's debt to equity ratio has reduced from 122.1% to 72% over the past 5 years.
Debt Coverage: 600758's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 600758's interest payments on its debt are not well covered by EBIT (2x coverage).