GuiZhou QianYuan Power Balance Sheet Health
Financial Health criteria checks 1/6
GuiZhou QianYuan Power has a total shareholder equity of CN¥6.7B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 121.2%. Its total assets and total liabilities are CN¥16.0B and CN¥9.3B respectively. GuiZhou QianYuan Power's EBIT is CN¥902.2M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥322.7M.
Key information
121.2%
Debt to equity ratio
CN¥8.06b
Debt
Interest coverage ratio | 2.7x |
Cash | CN¥322.69m |
Equity | CN¥6.65b |
Total liabilities | CN¥9.31b |
Total assets | CN¥15.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002039's short term assets (CN¥545.4M) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002039's short term assets (CN¥545.4M) do not cover its long term liabilities (CN¥6.2B).
Debt to Equity History and Analysis
Debt Level: 002039's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: 002039's debt to equity ratio has reduced from 219.5% to 121.2% over the past 5 years.
Debt Coverage: 002039's debt is not well covered by operating cash flow (19%).
Interest Coverage: 002039's interest payments on its debt are not well covered by EBIT (2.7x coverage).