China National Nuclear Power Balance Sheet Health
Financial Health criteria checks 2/6
China National Nuclear Power has a total shareholder equity of CN¥168.6B and total debt of CN¥331.0B, which brings its debt-to-equity ratio to 196.3%. Its total assets and total liabilities are CN¥565.7B and CN¥397.1B respectively. China National Nuclear Power's EBIT is CN¥29.5B making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥17.9B.
Key information
196.3%
Debt to equity ratio
CN¥330.99b
Debt
Interest coverage ratio | 4.7x |
Cash | CN¥17.93b |
Equity | CN¥168.59b |
Total liabilities | CN¥397.11b |
Total assets | CN¥565.70b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601985's short term assets (CN¥78.3B) do not cover its short term liabilities (CN¥96.9B).
Long Term Liabilities: 601985's short term assets (CN¥78.3B) do not cover its long term liabilities (CN¥300.2B).
Debt to Equity History and Analysis
Debt Level: 601985's net debt to equity ratio (185.7%) is considered high.
Reducing Debt: 601985's debt to equity ratio has reduced from 257.2% to 196.3% over the past 5 years.
Debt Coverage: 601985's debt is not well covered by operating cash flow (13%).
Interest Coverage: 601985's interest payments on its debt are well covered by EBIT (4.7x coverage).