Sichuan Chuantou EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Sichuan Chuantou EnergyLtd has a total shareholder equity of CN¥42.3B and total debt of CN¥15.1B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥62.1B and CN¥19.7B respectively. Sichuan Chuantou EnergyLtd's EBIT is CN¥376.2M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.8B.
Key information
35.8%
Debt to equity ratio
CN¥15.14b
Debt
Interest coverage ratio | -0.09x |
Cash | CN¥2.80b |
Equity | CN¥42.34b |
Total liabilities | CN¥19.74b |
Total assets | CN¥62.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600674's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥6.7B).
Long Term Liabilities: 600674's short term assets (CN¥3.8B) do not cover its long term liabilities (CN¥13.1B).
Debt to Equity History and Analysis
Debt Level: 600674's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 600674's debt to equity ratio has increased from 25.6% to 35.8% over the past 5 years.
Debt Coverage: 600674's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 600674 earns more interest than it pays, so coverage of interest payments is not a concern.