State Grid Information & Communication Balance Sheet Health
Financial Health criteria checks 6/6
State Grid Information & Communication has a total shareholder equity of CN¥6.4B and total debt of CN¥263.9M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥12.5B and CN¥6.1B respectively. State Grid Information & Communication's EBIT is CN¥698.4M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥2.2B.
Key information
4.1%
Debt to equity ratio
CN¥263.95m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥2.22b |
| Equity | CN¥6.38b |
| Total liabilities | CN¥6.09b |
| Total assets | CN¥12.47b |
Recent financial health updates
Recent updates
State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 31% Above Its Share Price
Nov 21
State Grid Information & Communication Co., Ltd. (SHSE:600131) Doing What It Can To Lift Shares
Oct 21State Grid Information & Communication's (SHSE:600131) Problems Go Beyond Weak Profit
Sep 08The Returns At State Grid Information & Communication (SHSE:600131) Aren't Growing
Aug 16Benign Growth For State Grid Information & Communication Co., Ltd. (SHSE:600131) Underpins Its Share Price
Jul 05State Grid Information & Communication (SHSE:600131) Seems To Use Debt Quite Sensibly
Jun 14What You Need To Know About The State Grid Information & Communication Co., Ltd. (SHSE:600131) Analyst Downgrade Today
May 01State 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¥9.7B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600131's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥221.1M).
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 37.8% to 4.1% over the past 5 years.
Debt Coverage: 600131's debt is well covered by operating cash flow (513.6%).
Interest Coverage: 600131 earns more interest than it pays, so coverage of interest payments is not a concern.