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¥23.9B, which brings its debt-to-equity ratio to 662.6%. Its total assets and total liabilities are CN¥32.0B and CN¥28.4B respectively. Henan Yuneng HoldingsLtd's EBIT is CN¥548.0M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥2.5B.
Key information
662.6%
Debt to equity ratio
CN¥23.85b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥2.48b |
| Equity | CN¥3.60b |
| Total liabilities | CN¥28.40b |
| Total assets | CN¥32.00b |
Recent financial health updates
Recent 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 (593.7%) is considered high.
Reducing Debt: 001896's debt to equity ratio has increased from 154.6% to 662.6% 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.