Chongqing Fuling Electric Power Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Fuling Electric Power Industrial has a total shareholder equity of CN¥5.0B and total debt of CN¥6.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥6.9B and CN¥1.9B respectively. Chongqing Fuling Electric Power Industrial's EBIT is CN¥512.8M making its interest coverage ratio -27.8. It has cash and short-term investments of CN¥2.8B.
Key information
0.1%
Debt to equity ratio
CN¥5.99m
Debt
| Interest coverage ratio | -27.8x |
| Cash | CN¥2.82b |
| Equity | CN¥5.04b |
| Total liabilities | CN¥1.89b |
| Total assets | CN¥6.93b |
Recent financial health updates
No updates
Recent updates
We Like The Quality Of Chongqing Fuling Electric Power Industrial's (SHSE:600452) Earnings
Aug 22
Returns On Capital Signal Tricky Times Ahead For Chongqing Fuling Electric Power Industrial (SHSE:600452)
May 24Earnings Not Telling The Story For Chongqing Fuling Electric Power Industrial Co., Ltd. (SHSE:600452)
Apr 12Financial Position Analysis
Short Term Liabilities: 600452's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 600452's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥32.5M).
Debt to Equity History and Analysis
Debt Level: 600452 has more cash than its total debt.
Reducing Debt: 600452's debt to equity ratio has reduced from 72.6% to 0.1% over the past 5 years.
Debt Coverage: 600452's debt is well covered by operating cash flow (26220.8%).
Interest Coverage: 600452 earns more interest than it pays, so coverage of interest payments is not a concern.