Wintime Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wintime Energy GroupLtd has a total shareholder equity of CN¥51.7B and total debt of CN¥19.8B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are CN¥106.7B and CN¥55.0B respectively. Wintime Energy GroupLtd's EBIT is CN¥5.7B making its interest coverage ratio 3. It has cash and short-term investments of CN¥2.0B.
Key information
38.3%
Debt to equity ratio
CN¥19.83b
Debt
Interest coverage ratio | 3x |
Cash | CN¥1.96b |
Equity | CN¥51.72b |
Total liabilities | CN¥54.97b |
Total assets | CN¥106.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600157's short term assets (CN¥9.0B) do not cover its short term liabilities (CN¥19.9B).
Long Term Liabilities: 600157's short term assets (CN¥9.0B) do not cover its long term liabilities (CN¥35.1B).
Debt to Equity History and Analysis
Debt Level: 600157's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: 600157's debt to equity ratio has reduced from 145.6% to 38.3% over the past 5 years.
Debt Coverage: 600157's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 600157's interest payments on its debt are not well covered by EBIT (3x coverage).