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¥4.1B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are CN¥13.2B and CN¥7.9B respectively. LIAONING ENERGY INDUSTRYLTD's EBIT is CN¥655.3K making its interest coverage ratio 0. It has cash and short-term investments of CN¥2.2B.
Key information
75.3%
Debt to equity ratio
CN¥4.05b
Debt
Interest coverage ratio | 0.004x |
Cash | CN¥2.20b |
Equity | CN¥5.38b |
Total liabilities | CN¥7.85b |
Total assets | CN¥13.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600758's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥6.8B).
Long Term Liabilities: 600758's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600758's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: 600758's debt to equity ratio has reduced from 122.1% to 75.3% over the past 5 years.
Debt Coverage: 600758's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 600758's interest payments on its debt are not well covered by EBIT (0x coverage).