Sichuan New Energy Power Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan New Energy Power has a total shareholder equity of CN¥12.5B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are CN¥25.1B and CN¥12.6B respectively. Sichuan New Energy Power's EBIT is CN¥1.4B making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥6.6B.
Key information
78.0%
Debt to equity ratio
CN¥9.75b
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥6.59b |
| Equity | CN¥12.51b |
| Total liabilities | CN¥12.62b |
| Total assets | CN¥25.12b |
Recent financial health updates
We Think Sichuan New Energy Power (SZSE:000155) Is Taking Some Risk With Its Debt
Sep 30
These 4 Measures Indicate That Sichuan New Energy Power (SZSE:000155) Is Using Debt Extensively
May 27Recent updates
At CN¥11.39, Is It Time To Put Sichuan New Energy Power Company Limited (SZSE:000155) On Your Watch List?
Nov 22Sichuan New Energy Power's (SZSE:000155) Profits Appear To Have Quality Issues
Nov 06Returns On Capital At Sichuan New Energy Power (SZSE:000155) Have Stalled
Oct 25Sichuan New Energy Power Company Limited's (SZSE:000155) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Oct 08We Think Sichuan New Energy Power (SZSE:000155) Is Taking Some Risk With Its Debt
Sep 30Sichuan New Energy Power Company Limited's (SZSE:000155) Shares Lagging The Market But So Is The Business
Jul 02These 4 Measures Indicate That Sichuan New Energy Power (SZSE:000155) Is Using Debt Extensively
May 27We Think You Should Be Aware Of Some Concerning Factors In Sichuan New Energy Power's (SZSE:000155) Earnings
May 05Is Sichuan New Energy Power Company Limited (SZSE:000155) Potentially Undervalued?
Apr 06Financial Position Analysis
Short Term Liabilities: 000155's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 000155's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 000155's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: 000155's debt to equity ratio has increased from 55.8% to 78% over the past 5 years.
Debt Coverage: 000155's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 000155's interest payments on its debt are well covered by EBIT (8.2x coverage).