Sichuan Xichang Electric PowerLtd Balance Sheet Health
Financial Health criteria checks 0/6
Sichuan Xichang Electric PowerLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 156.3%. Its total assets and total liabilities are CN¥4.5B and CN¥3.1B respectively. Sichuan Xichang Electric PowerLtd's EBIT is CN¥61.7M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥253.7M.
Key information
156.3%
Debt to equity ratio
CN¥2.13b
Debt
Interest coverage ratio | 0.7x |
Cash | CN¥253.69m |
Equity | CN¥1.37b |
Total liabilities | CN¥3.10b |
Total assets | CN¥4.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600505's short term assets (CN¥628.4M) do not cover its short term liabilities (CN¥972.0M).
Long Term Liabilities: 600505's short term assets (CN¥628.4M) do not cover its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 600505's net debt to equity ratio (137.7%) is considered high.
Reducing Debt: 600505's debt to equity ratio has increased from 84.9% to 156.3% over the past 5 years.
Debt Coverage: 600505's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 600505's interest payments on its debt are not well covered by EBIT (0.7x coverage).