Hubei Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Hubei Energy Group has a total shareholder equity of CN¥41.1B and total debt of CN¥42.2B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are CN¥98.6B and CN¥57.5B respectively. Hubei Energy Group's EBIT is CN¥4.2B making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥2.8B.
Key information
102.8%
Debt to equity ratio
CN¥42.23b
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥2.77b |
| Equity | CN¥41.08b |
| Total liabilities | CN¥57.52b |
| Total assets | CN¥98.61b |
Recent financial health updates
Hubei Energy Group (SZSE:000883) Takes On Some Risk With Its Use Of Debt
Sep 25
We Think Hubei Energy Group (SZSE:000883) Is Taking Some Risk With Its Debt
May 28Recent updates
Hubei Energy Group (SZSE:000883) Takes On Some Risk With Its Use Of Debt
Sep 25Insufficient Growth At Hubei Energy Group Co., Ltd. (SZSE:000883) Hampers Share Price
Jun 24We Think Hubei Energy Group (SZSE:000883) Is Taking Some Risk With Its Debt
May 28Calculating The Fair Value Of Hubei Energy Group Co., Ltd. (SZSE:000883)
Apr 15Hubei Energy Group Co., Ltd.'s (SZSE:000883) Low P/E No Reason For Excitement
Feb 29Financial Position Analysis
Short Term Liabilities: 000883's short term assets (CN¥15.0B) do not cover its short term liabilities (CN¥23.5B).
Long Term Liabilities: 000883's short term assets (CN¥15.0B) do not cover its long term liabilities (CN¥34.0B).
Debt to Equity History and Analysis
Debt Level: 000883's net debt to equity ratio (96%) is considered high.
Reducing Debt: 000883's debt to equity ratio has increased from 59.5% to 102.8% over the past 5 years.
Debt Coverage: 000883's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 000883's interest payments on its debt are well covered by EBIT (5.9x coverage).