SDIC Power Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SDIC Power Holdings has a total shareholder equity of CN¥106.0B and total debt of CN¥148.1B, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are CN¥281.8B and CN¥175.8B respectively. SDIC Power Holdings's EBIT is CN¥18.4B making its interest coverage ratio -23.5. It has cash and short-term investments of CN¥12.4B.
Key information
139.7%
Debt to equity ratio
CN¥148.14b
Debt
Interest coverage ratio | -23.5x |
Cash | CN¥12.42b |
Equity | CN¥106.03b |
Total liabilities | CN¥175.81b |
Total assets | CN¥281.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600886's short term assets (CN¥30.0B) do not cover its short term liabilities (CN¥43.0B).
Long Term Liabilities: 600886's short term assets (CN¥30.0B) do not cover its long term liabilities (CN¥132.8B).
Debt to Equity History and Analysis
Debt Level: 600886's net debt to equity ratio (128%) is considered high.
Reducing Debt: 600886's debt to equity ratio has reduced from 189.9% to 139.7% over the past 5 years.
Debt Coverage: 600886's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 600886 earns more interest than it pays, so coverage of interest payments is not a concern.