GEPIC Energy Development Balance Sheet Health
Financial Health criteria checks 3/6
GEPIC Energy Development has a total shareholder equity of CN¥10.3B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are CN¥20.5B and CN¥10.2B respectively. GEPIC Energy Development's EBIT is CN¥981.0M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥966.4M.
Key information
91.4%
Debt to equity ratio
CN¥9.39b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥966.42m |
| Equity | CN¥10.28b |
| Total liabilities | CN¥10.25b |
| Total assets | CN¥20.53b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000791's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000791's short term assets (CN¥3.4B) do not cover its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 000791's net debt to equity ratio (82%) is considered high.
Reducing Debt: 000791's debt to equity ratio has reduced from 153.9% to 91.4% over the past 5 years.
Debt Coverage: 000791's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 000791's interest payments on its debt are well covered by EBIT (4.7x coverage).