Leshan Electric PowerLtd Balance Sheet Health
Financial Health criteria checks 2/6
Leshan Electric PowerLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥4.2B and CN¥2.1B respectively. Leshan Electric PowerLtd's EBIT is CN¥23.5M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥312.7M.
Key information
56.4%
Debt to equity ratio
CN¥1.17b
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥312.68m |
| Equity | CN¥2.07b |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600644's short term assets (CN¥683.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600644's short term assets (CN¥683.7M) do not cover its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600644's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: 600644's debt to equity ratio has reduced from 63.1% to 56.4% over the past 5 years.
Debt Coverage: 600644's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 600644 earns more interest than it pays, so coverage of interest payments is not a concern.