State Grid Information & Communication Balance Sheet Health
Financial Health criteria checks 6/6
State Grid Information & Communication has a total shareholder equity of CN¥6.3B and total debt of CN¥143.3M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥13.0B and CN¥6.7B respectively. State Grid Information & Communication's EBIT is CN¥734.5M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥2.6B.
Key information
2.3%
Debt to equity ratio
CN¥143.30m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥2.56b |
| Equity | CN¥6.34b |
| Total liabilities | CN¥6.69b |
| Total assets | CN¥13.03b |
Recent financial health updates
No updates
Recent updates
What You Need To Know About The State Grid Information & Communication Co., Ltd. (SHSE:600131) Analyst Downgrade Today
May 01
State Grid Information & Communication (SHSE:600131) Has Some Way To Go To Become A Multi-Bagger
Apr 17State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 21State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 57% Above Its Share Price
Mar 01Financial Position Analysis
Short Term Liabilities: 600131's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 600131's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥103.7M).
Debt to Equity History and Analysis
Debt Level: 600131 has more cash than its total debt.
Reducing Debt: 600131's debt to equity ratio has reduced from 47.7% to 2.3% over the past 5 years.
Debt Coverage: 600131's debt is well covered by operating cash flow (1001.4%).
Interest Coverage: 600131 earns more interest than it pays, so coverage of interest payments is not a concern.