Hubei Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Hubei Energy Group has a total shareholder equity of CN¥39.5B and total debt of CN¥41.2B, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are CN¥94.9B and CN¥55.4B respectively. Hubei Energy Group's EBIT is CN¥3.7B making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥2.8B.
Key information
104.3%
Debt to equity ratio
CN¥41.19b
Debt
Interest coverage ratio | 5.3x |
Cash | CN¥2.78b |
Equity | CN¥39.50b |
Total liabilities | CN¥55.43b |
Total assets | CN¥94.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000883's short term assets (CN¥14.4B) do not cover its short term liabilities (CN¥20.6B).
Long Term Liabilities: 000883's short term assets (CN¥14.4B) do not cover its long term liabilities (CN¥34.8B).
Debt to Equity History and Analysis
Debt Level: 000883's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: 000883's debt to equity ratio has increased from 43.7% to 104.3% over the past 5 years.
Debt Coverage: 000883's debt is not well covered by operating cash flow (8%).
Interest Coverage: 000883's interest payments on its debt are well covered by EBIT (5.3x coverage).