Shandong Xinneng Taishan Power GenerationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Xinneng Taishan Power GenerationLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are CN¥5.4B and CN¥2.8B respectively.
Key information
75.6%
Debt to equity ratio
CN¥1.95b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥157.24m |
| Equity | CN¥2.58b |
| Total liabilities | CN¥2.78b |
| Total assets | CN¥5.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000720's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 000720's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥497.7M).
Debt to Equity History and Analysis
Debt Level: 000720's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 000720's debt to equity ratio has increased from 53.8% to 75.6% over the past 5 years.
Debt Coverage: 000720's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000720's interest payments on its debt are well covered by EBIT.