Jilin Electric PowerLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jilin Electric PowerLtd has a total shareholder equity of CN¥20.5B and total debt of CN¥50.0B, which brings its debt-to-equity ratio to 244.1%. Its total assets and total liabilities are CN¥77.8B and CN¥57.4B respectively. Jilin Electric PowerLtd's EBIT is CN¥3.5B making its interest coverage ratio -52.6. It has cash and short-term investments of CN¥854.1M.
Key information
244.1%
Debt to equity ratio
CN¥49.98b
Debt
Interest coverage ratio | -52.6x |
Cash | CN¥854.08m |
Equity | CN¥20.48b |
Total liabilities | CN¥57.37b |
Total assets | CN¥77.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000875's short term assets (CN¥11.9B) do not cover its short term liabilities (CN¥16.4B).
Long Term Liabilities: 000875's short term assets (CN¥11.9B) do not cover its long term liabilities (CN¥40.9B).
Debt to Equity History and Analysis
Debt Level: 000875's net debt to equity ratio (239.9%) is considered high.
Reducing Debt: 000875's debt to equity ratio has increased from 186.7% to 244.1% over the past 5 years.
Debt Coverage: 000875's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 000875 earns more interest than it pays, so coverage of interest payments is not a concern.