ENN Natural GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
ENN Natural GasLtd has a total shareholder equity of CN¥60.5B and total debt of CN¥37.5B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CN¥136.6B and CN¥76.1B respectively. ENN Natural GasLtd's EBIT is CN¥12.6B making its interest coverage ratio -2. It has cash and short-term investments of CN¥21.2B.
Key information
62.0%
Debt to equity ratio
CN¥37.47b
Debt
Interest coverage ratio | -2x |
Cash | CN¥21.24b |
Equity | CN¥60.46b |
Total liabilities | CN¥76.15b |
Total assets | CN¥136.61b |
Recent financial health updates
Here's Why ENN Natural GasLtd (SHSE:600803) Has A Meaningful Debt Burden
Aug 17These 4 Measures Indicate That ENN Natural GasLtd (SHSE:600803) Is Using Debt Extensively
Apr 18Recent updates
Here'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¥44.4B) do not cover its short term liabilities (CN¥45.5B).
Long Term Liabilities: 600803's short term assets (CN¥44.4B) exceed its long term liabilities (CN¥30.6B).
Debt to Equity History and Analysis
Debt Level: 600803's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 600803's debt to equity ratio has reduced from 91.1% to 62% over the past 5 years.
Debt Coverage: 600803's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 600803 earns more interest than it pays, so coverage of interest payments is not a concern.