Beijing Jingneng Power Balance Sheet Health
Financial Health criteria checks 1/6
Beijing Jingneng Power has a total shareholder equity of CN¥31.3B and total debt of CN¥45.5B, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are CN¥87.3B and CN¥56.0B respectively. Beijing Jingneng Power's EBIT is CN¥1.3B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥4.2B.
Key information
145.4%
Debt to equity ratio
CN¥45.50b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥4.18b |
| Equity | CN¥31.30b |
| Total liabilities | CN¥56.04b |
| Total assets | CN¥87.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600578's short term assets (CN¥12.5B) do not cover its short term liabilities (CN¥22.5B).
Long Term Liabilities: 600578's short term assets (CN¥12.5B) do not cover its long term liabilities (CN¥33.5B).
Debt to Equity History and Analysis
Debt Level: 600578's net debt to equity ratio (132.1%) is considered high.
Reducing Debt: 600578's debt to equity ratio has increased from 108.4% to 145.4% over the past 5 years.
Debt Coverage: 600578's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 600578's interest payments on its debt are well covered by EBIT (5.1x coverage).