Sichuan New Energy Power Balance Sheet Health
Financial Health criteria checks 3/6
Sichuan New Energy Power has a total shareholder equity of CN¥10.6B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are CN¥23.4B and CN¥12.9B respectively. Sichuan New Energy Power's EBIT is CN¥1.6B making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥5.2B.
Key information
99.9%
Debt to equity ratio
CN¥10.54b
Debt
Interest coverage ratio | 9.1x |
Cash | CN¥5.22b |
Equity | CN¥10.56b |
Total liabilities | CN¥12.86b |
Total assets | CN¥23.41b |
Recent financial health updates
Recent updates
Sichuan 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¥8.6B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 000155's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 000155's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 000155's debt to equity ratio has increased from 59.7% to 99.9% over the past 5 years.
Debt Coverage: 000155's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 000155's interest payments on its debt are well covered by EBIT (9.1x coverage).