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 59.1%. Its total assets and total liabilities are CN¥4.1B and CN¥2.1B respectively. Leshan Electric PowerLtd's EBIT is CN¥27.1M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥183.2M.
Key information
59.1%
Debt to equity ratio
CN¥1.21b
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥183.23m |
Equity | CN¥2.05b |
Total liabilities | CN¥2.07b |
Total assets | CN¥4.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600644's short term assets (CN¥604.7M) do not cover its short term liabilities (CN¥1.0B).
Long Term Liabilities: 600644's short term assets (CN¥604.7M) 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 (50.1%) is considered high.
Reducing Debt: 600644's debt to equity ratio has reduced from 63.1% to 59.1% over the past 5 years.
Debt Coverage: 600644's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 600644 earns more interest than it pays, so coverage of interest payments is not a concern.