Jinneng Holding Shanxi Electric PowerLTD Balance Sheet Health
Financial Health criteria checks 2/6
Jinneng Holding Shanxi Electric PowerLTD has a total shareholder equity of CN¥10.1B and total debt of CN¥36.6B, which brings its debt-to-equity ratio to 363.4%. Its total assets and total liabilities are CN¥60.1B and CN¥50.1B respectively. Jinneng Holding Shanxi Electric PowerLTD's EBIT is CN¥502.5M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥7.2B.
Key information
363.4%
Debt to equity ratio
CN¥36.57b
Debt
Interest coverage ratio | 0.3x |
Cash | CN¥7.25b |
Equity | CN¥10.06b |
Total liabilities | CN¥50.05b |
Total assets | CN¥60.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000767's short term assets (CN¥19.0B) do not cover its short term liabilities (CN¥22.5B).
Long Term Liabilities: 000767's short term assets (CN¥19.0B) do not cover its long term liabilities (CN¥27.6B).
Debt to Equity History and Analysis
Debt Level: 000767's net debt to equity ratio (291.3%) is considered high.
Reducing Debt: 000767's debt to equity ratio has increased from 236.7% to 363.4% 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: 000767 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000767 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 7.2% each year.