CGN Power Balance Sheet Health
Financial Health criteria checks 2/6
CGN Power has a total shareholder equity of CN¥168.4B and total debt of CN¥203.8B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are CN¥419.2B and CN¥250.7B respectively. CGN Power's EBIT is CN¥24.5B making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥19.3B.
Key information
121.0%
Debt to equity ratio
CN¥203.80b
Debt
Interest coverage ratio | 6.3x |
Cash | CN¥19.32b |
Equity | CN¥168.43b |
Total liabilities | CN¥250.75b |
Total assets | CN¥419.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003816's short term assets (CN¥76.3B) do not cover its short term liabilities (CN¥81.1B).
Long Term Liabilities: 003816's short term assets (CN¥76.3B) do not cover its long term liabilities (CN¥169.7B).
Debt to Equity History and Analysis
Debt Level: 003816's net debt to equity ratio (109.5%) is considered high.
Reducing Debt: 003816's debt to equity ratio has reduced from 176.3% to 121% over the past 5 years.
Debt Coverage: 003816's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 003816's interest payments on its debt are well covered by EBIT (6.3x coverage).