Beijing Jingneng Power Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Jingneng Power has a total shareholder equity of CN¥34.4B and total debt of CN¥46.5B, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are CN¥91.7B and CN¥57.3B respectively. Beijing Jingneng Power's EBIT is CN¥2.6B making its interest coverage ratio 17.8. It has cash and short-term investments of CN¥5.6B.
Key information
135.2%
Debt to equity ratio
CN¥46.51b
Debt
| Interest coverage ratio | 17.8x |
| Cash | CN¥5.61b |
| Equity | CN¥34.41b |
| Total liabilities | CN¥57.33b |
| Total assets | CN¥91.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600578's short term assets (CN¥14.5B) do not cover its short term liabilities (CN¥22.7B).
Long Term Liabilities: 600578's short term assets (CN¥14.5B) do not cover its long term liabilities (CN¥34.6B).
Debt to Equity History and Analysis
Debt Level: 600578's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: 600578's debt to equity ratio has reduced from 135.4% to 135.2% over the past 5 years.
Debt Coverage: 600578's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 600578's interest payments on its debt are well covered by EBIT (17.8x coverage).