Guangdong Electric Power Development Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Electric Power Development has a total shareholder equity of CN¥35.5B and total debt of CN¥98.8B, which brings its debt-to-equity ratio to 278.3%. Its total assets and total liabilities are CN¥169.1B and CN¥133.6B respectively. Guangdong Electric Power Development's EBIT is CN¥4.7B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥17.6B.
Key information
278.3%
Debt to equity ratio
CN¥98.76b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥17.57b |
| Equity | CN¥35.49b |
| Total liabilities | CN¥133.58b |
| Total assets | CN¥169.07b |
Recent financial health updates
Is Guangdong Electric Power Development (SZSE:000539) A Risky Investment?
Sep 30
Is Guangdong Electric Power Development (SZSE:000539) Using Too Much Debt?
May 28Recent updates
Guangdong Electric Power Development's (SZSE:000539) Earnings Seem To Be Promising
Nov 06Is Guangdong Electric Power Development (SZSE:000539) A Risky Investment?
Sep 30There Is A Reason Guangdong Electric Power Development Co., Ltd.'s (SZSE:000539) Price Is Undemanding
Aug 16Is Guangdong Electric Power Development (SZSE:000539) Using Too Much Debt?
May 28Guangdong Electric Power Development's (SZSE:000539) Strong Earnings Are Of Good Quality
Apr 07Guangdong Electric Power Development Co., Ltd. (SZSE:000539) Analysts Just Cut Their EPS Forecasts Substantially
Apr 04Guangdong Electric Power Development Co., Ltd. Just Missed EPS By 61%: Here's What Analysts Think Will Happen Next
Apr 03Financial Position Analysis
Short Term Liabilities: 000539's short term assets (CN¥33.4B) do not cover its short term liabilities (CN¥45.6B).
Long Term Liabilities: 000539's short term assets (CN¥33.4B) do not cover its long term liabilities (CN¥88.0B).
Debt to Equity History and Analysis
Debt Level: 000539's net debt to equity ratio (228.8%) is considered high.
Reducing Debt: 000539's debt to equity ratio has increased from 87.5% to 278.3% over the past 5 years.
Debt Coverage: 000539's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 000539's interest payments on its debt are well covered by EBIT (3.4x coverage).