Sichuan Chuantou EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Sichuan Chuantou EnergyLtd has a total shareholder equity of CN¥43.8B and total debt of CN¥16.2B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥64.5B and CN¥20.8B respectively. Sichuan Chuantou EnergyLtd's EBIT is CN¥394.1M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.6B.
Key information
37.0%
Debt to equity ratio
CN¥16.21b
Debt
| Interest coverage ratio | -0.08x |
| Cash | CN¥2.62b |
| Equity | CN¥43.78b |
| Total liabilities | CN¥20.76b |
| Total assets | CN¥64.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600674's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥5.0B).
Long Term Liabilities: 600674's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥15.8B).
Debt to Equity History and Analysis
Debt Level: 600674's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: 600674's debt to equity ratio has increased from 20.6% to 37% over the past 5 years.
Debt Coverage: 600674's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 600674 earns more interest than it pays, so coverage of interest payments is not a concern.