CHN Energy Changyuan Electric PowerLtd Balance Sheet Health
Financial Health criteria checks 0/6
CHN Energy Changyuan Electric PowerLtd has a total shareholder equity of CN¥10.6B and total debt of CN¥22.8B, which brings its debt-to-equity ratio to 215.9%. Its total assets and total liabilities are CN¥37.3B and CN¥26.7B respectively. CHN Energy Changyuan Electric PowerLtd's EBIT is CN¥1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥299.5M.
Key information
215.9%
Debt to equity ratio
CN¥22.84b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥299.51m |
| Equity | CN¥10.58b |
| Total liabilities | CN¥26.67b |
| Total assets | CN¥37.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000966's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥10.6B).
Long Term Liabilities: 000966's short term assets (CN¥3.8B) do not cover its long term liabilities (CN¥16.1B).
Debt to Equity History and Analysis
Debt Level: 000966's net debt to equity ratio (213.1%) is considered high.
Reducing Debt: 000966's debt to equity ratio has increased from 114.3% to 215.9% over the past 5 years.
Debt Coverage: 000966's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 000966's interest payments on its debt are not well covered by EBIT (2.5x coverage).