Guangdong Electric Power Development Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Electric Power Development has a total shareholder equity of CN¥33.7B and total debt of CN¥97.6B, which brings its debt-to-equity ratio to 290%. Its total assets and total liabilities are CN¥162.6B and CN¥128.9B respectively. Guangdong Electric Power Development's EBIT is CN¥5.9B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥16.7B.
Key information
290.0%
Debt to equity ratio
CN¥97.64b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥16.70b |
| Equity | CN¥33.66b |
| Total liabilities | CN¥128.92b |
| Total assets | CN¥162.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200539's short term assets (CN¥34.1B) do not cover its short term liabilities (CN¥45.3B).
Long Term Liabilities: 200539's short term assets (CN¥34.1B) do not cover its long term liabilities (CN¥83.6B).
Debt to Equity History and Analysis
Debt Level: 200539's net debt to equity ratio (240.4%) is considered high.
Reducing Debt: 200539's debt to equity ratio has increased from 94.6% to 290% over the past 5 years.
Debt Coverage: 200539's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 200539's interest payments on its debt are well covered by EBIT (4.4x coverage).