Nanjing Public Utilities Development Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Public Utilities Development has a total shareholder equity of CN¥3.9B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are CN¥16.1B and CN¥12.2B respectively. Nanjing Public Utilities Development's EBIT is CN¥28.5M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥1.7B.
Key information
85.8%
Debt to equity ratio
CN¥3.31b
Debt
Interest coverage ratio | 0.5x |
Cash | CN¥1.72b |
Equity | CN¥3.86b |
Total liabilities | CN¥12.21b |
Total assets | CN¥16.07b |
Financial Position Analysis
Short Term Liabilities: 000421's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 000421's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 000421's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: 000421's debt to equity ratio has increased from 50.7% to 85.8% over the past 5 years.
Debt Coverage: 000421's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 000421's interest payments on its debt are not well covered by EBIT (0.5x coverage).