China Longyuan Power Group Balance Sheet Health
Financial Health criteria checks 2/6
China Longyuan Power Group has a total shareholder equity of CN¥85.3B and total debt of CN¥103.3B, which brings its debt-to-equity ratio to 121.1%. Its total assets and total liabilities are CN¥237.1B and CN¥151.8B respectively. China Longyuan Power Group's EBIT is CN¥13.9B making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥4.2B.
Key information
121.1%
Debt to equity ratio
CN¥103.30b
Debt
Interest coverage ratio | 4.5x |
Cash | CN¥4.18b |
Equity | CN¥85.28b |
Total liabilities | CN¥151.80b |
Total assets | CN¥237.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001289's short term assets (CN¥48.0B) do not cover its short term liabilities (CN¥72.3B).
Long Term Liabilities: 001289's short term assets (CN¥48.0B) do not cover its long term liabilities (CN¥79.5B).
Debt to Equity History and Analysis
Debt Level: 001289's net debt to equity ratio (116.2%) is considered high.
Reducing Debt: 001289's debt to equity ratio has reduced from 133.4% to 121.1% over the past 5 years.
Debt Coverage: 001289's debt is not well covered by operating cash flow (13%).
Interest Coverage: 001289's interest payments on its debt are well covered by EBIT (4.5x coverage).