Henan Yuneng HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Henan Yuneng HoldingsLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥22.3B, which brings its debt-to-equity ratio to 619.5%. Its total assets and total liabilities are CN¥32.0B and CN¥28.4B respectively. Henan Yuneng HoldingsLtd's EBIT is CN¥493.1M making its interest coverage ratio -31.8. It has cash and short-term investments of CN¥2.5B.
Key information
619.5%
Debt to equity ratio
CN¥22.30b
Debt
| Interest coverage ratio | -31.8x |
| Cash | CN¥2.48b |
| Equity | CN¥3.60b |
| Total liabilities | CN¥28.40b |
| Total assets | CN¥32.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001896's short term assets (CN¥6.5B) do not cover its short term liabilities (CN¥13.2B).
Long Term Liabilities: 001896's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥15.2B).
Debt to Equity History and Analysis
Debt Level: 001896's net debt to equity ratio (550.6%) is considered high.
Reducing Debt: 001896's debt to equity ratio has increased from 154.6% to 619.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 001896 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 001896 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.