ENN Natural GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
ENN Natural GasLtd has a total shareholder equity of CN¥58.0B and total debt of CN¥37.4B, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are CN¥135.1B and CN¥77.1B respectively. ENN Natural GasLtd's EBIT is CN¥12.3B making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥19.4B.
Key information
64.5%
Debt to equity ratio
CN¥37.41b
Debt
| Interest coverage ratio | -2.2x |
| Cash | CN¥19.38b |
| Equity | CN¥58.04b |
| Total liabilities | CN¥77.10b |
| Total assets | CN¥135.14b |
Recent financial health updates
Here's Why ENN Natural GasLtd (SHSE:600803) Has A Meaningful Debt Burden
Aug 17
These 4 Measures Indicate That ENN Natural GasLtd (SHSE:600803) Is Using Debt Extensively
Apr 18Recent updates
Earnings Miss: ENN Natural Gas Co.,Ltd. Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 28ENN Natural Gas Co.,Ltd.'s (SHSE:600803) Low P/E No Reason For Excitement
Oct 20ENN Natural Gas Co.,Ltd. Just Beat EPS By 5.3%: Here's What Analysts Think Will Happen Next
Aug 26Here's Why ENN Natural GasLtd (SHSE:600803) Has A Meaningful Debt Burden
Aug 17ENN Natural Gas Co.,Ltd.'s (SHSE:600803) Business And Shares Still Trailing The Market
Jul 15Is Now The Time To Put ENN Natural GasLtd (SHSE:600803) On Your Watchlist?
Jun 27These 4 Measures Indicate That ENN Natural GasLtd (SHSE:600803) Is Using Debt Extensively
Apr 18ENN Natural Gas Co.,Ltd. (SHSE:600803) Analysts Just Slashed This Year's Estimates
Mar 31We Think ENN Natural GasLtd's (SHSE:600803) Healthy Earnings Might Be Conservative
Mar 30Financial Position Analysis
Short Term Liabilities: 600803's short term assets (CN¥41.2B) do not cover its short term liabilities (CN¥47.0B).
Long Term Liabilities: 600803's short term assets (CN¥41.2B) exceed its long term liabilities (CN¥30.1B).
Debt to Equity History and Analysis
Debt Level: 600803's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 600803's debt to equity ratio has reduced from 106.4% to 64.5% over the past 5 years.
Debt Coverage: 600803's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 600803 earns more interest than it pays, so coverage of interest payments is not a concern.