Huadian Energy Balance Sheet Health
Financial Health criteria checks 3/6
Huadian Energy has a total shareholder equity of CN¥7.0B and total debt of CN¥14.2B, which brings its debt-to-equity ratio to 201.2%. Its total assets and total liabilities are CN¥29.4B and CN¥22.3B respectively. Huadian Energy's EBIT is CN¥2.5B making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥3.8B.
Key information
201.2%
Debt to equity ratio
CN¥14.16b
Debt
Interest coverage ratio | 3.7x |
Cash | CN¥3.78b |
Equity | CN¥7.04b |
Total liabilities | CN¥22.32b |
Total assets | CN¥29.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600726's short term assets (CN¥6.5B) do not cover its short term liabilities (CN¥11.0B).
Long Term Liabilities: 600726's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 600726's net debt to equity ratio (147.5%) is considered high.
Reducing Debt: 600726's debt to equity ratio has reduced from 846.2% to 201.2% over the past 5 years.
Debt Coverage: 600726's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 600726's interest payments on its debt are well covered by EBIT (3.7x coverage).